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XAUTF0 / BTCF0

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Is Bitcoin about to outperform Gold ? The potential Does exist As we can see on this weekly Bitcoin XAUT Gold chart, BTC Ranges, pushes, ranges, pushes. And the BTC PA is now on the line of support ir has strongly bounced off previously. PA is also beginning to get Squeezed in the Pennant. The Apex is next year but I expect PA to break out of this this year. It will be interesting to see what happens here this month and I do have Hopes that BTC will begin to outperform gold, certainly while PA pushes up off support and heads towards the upper trend line. This idea is backed up with the weekly GOLD Chart below. As we can see, Gold is up on the upper trendline and has hit the 2.768 Fib extension, Both of which are likely to be resistance. We can also see how Oversold the Gold Weekly MACD is There is a Strong likelihood that Gold will need to cool off, though we need to understand that MACRO events do control this, so a Drop is not guaranteed. But I will be watching this CLOSE as The BTCXAUT pair is a much better Pair to watch than the BTCUSD. Yjr reason being, while the $ looses Value, gains in the BTCUSD pair are Not as good as it may appear. Because you may gain in the number of $ you can get but each $ is worth less. GOLD meanwhile, is rising in Value or not loosing as much when it ranges. Itis a STORE of Value and is internationally recognised and is politcay neutral.
by Orriginal
The best investment since Nov 2021 - GOLD or BITCOIN ? - FACTSThe Main Chart is the chart from BITFINEX that trades Bitcoin to Gold DIRECTLY I look to this often and find it a MUST See to compare the two assets. This is Not done to try and make BTC like GOLD but that they are both investments with returns, It is as simple as that But which one has the higher return ? I have taken the November 2021 Bitcoin ATH as the Datum point. a Worse case scenario for Bitcoin. Bitcoin Directly to Gold. As you can see on the main chart. If you had sold your Gold into Bitcoin and Just Held since Nov 2021, you are currently at a slight loss. Less ounces of Gold to one Bitcoin. It is as simple as that. But PA has fallen from Above the buy price recently. But to also mention, if you had bought Bitcoin with your Gold at the Bottom in Jan 2023, that is a 360% Rise in Value DIRECTLY OVER GOLD as opposed to the -75% Losses from ATH to Low. Nothing else does that Lets look at a comparison Via 100 USD investments into each asset GOLD USD CFD Let us say we invested 100 usd in Nov 2021 at the Bitcoin ATH that year. Since then, there has been a 62.71 % increase in price; from your buy price, if you simply just held your investment. This gives you 162.71 usd currently PA had risen 12% from that date but then dropped 22% to the low. From the Low, PA has risen 89 % and if you had Traded your investment, selling high, buying Low, you would now have 211.68 usd currently Now to Bitcoin - again, 100 usd invested at the ATH in Nov 2021 100 invested in Nov 2021 currently has a 24.68 % increase from Buy price. if you just HODL, off the 2021 ATH and so you would have 124.68 currently From that ATH point, we saw a Loss as PA dropped 77.2% to the Low but then Rose up 596% from the Low. If you traded , Depending on when you sold your bad 100 investment , the gains are different But lets say, you sold what was left of your 100 at the slight rise in PA in March 2022 - that was a loss of 28.5%, leaving you 71.5 usd Wait till the Low in Jan 203 and then continue Buy Low, Sell high, you currently have 743 usd , having sold the top at 109K and waiting for the next Low So, in summery, from 100 usd investment in Nov 2021 BTC ATH GOLD HODL 162.71 - Traded 211.68 BITCOIN HODL 124.68 - Traded 743.34 The ONLY REAL Loss currently is with the BTC GOLD pair, where BTC is -20% currently off Buy price, having fallen from HIGHER than Buy price recently,. However, PA is on the lower trend line, as you can see in the chart, and the expectation is for a Strong Bounce over the next few weeks..This will set BTC off towards that magical 50 ounces of Gold per Bitcoin. But it has to be said, the journey if you held Bitcoin having sold out from Gold has been painful. Tthat pain is about to end, very possibly forever. Trading is not for everyone and Hitting the perfect High or Low point is almost impossible. But the Gains are there in Bitcoin against Gold if you even do basic trading. And, inmy opinion, if you have gold....SERIOUSLY think abot Bitcoin now. Gold is OVERBOUGHT on many timeframes.... Bitcoin is not...................
by Orriginal
Bitcoin Gold Direct Trading Pair - VERY IMPORTANT TO WATCH THISBitcoin Gold trading pair PA heading towards 2.272 Fib extension line. This has been Support since Nov 2024 and is now a firm line of Support at 34.52 Ounces of Gold per Bitcoin Also about to hit 100 Daily SMA )( SMA ). This may also provide support just above the Fib line Since December, we have been seeing a Rise in Gold prices as demand escalates due to various Macro reasons around the world. Bitcoin has held a steady range while trading against Gold. Now, I am Watching this close. If BTC looses this line of Support and begins Loosing out to Gold because Gold continues to Rise, signals a Shift of Sentiment for BTC The traditional Store of Value Wins against the New Kid on the block as a safe haven Macro uncertainty driving money flow. We now have Trump imposing Higher Tariffs Oon international trade and THIS alone is driving Massive uncertainty and so Stocks are falling and that money needs to go somewhere. It has been GOLD since January this year, Rising to a New ATH At the same Time, Bitcoin has effectively ranged just below the current ATH GOLD has the momentum right now and is taking the prize And THIS is why this chart is so important. BITCOIN MUST NOT LOOSE THIS SUPPORT DXT $ is also rising, maybe with the static interest rate and possibility of a Rise later in the year if inflation continues to rise. Extreme Caution right now
by Orriginal
Bitcoin Versus Gold - who wins ?#Bitcoin is the Hands down winner. - there is simply no question about it. And any trader will recognise this pattern on the weekly BITCOIN / GOLD chart It is a bullish Cup and Handle The % Gains Bitcoin has had over the last 18 months put Gold rise to its new ATH into shame. And that is clearly seen by the chart above. HOWEVER, Bitcoin by its very nature, pulls back and one way of preserving your gains is to sell out to GOLD and NOT A $ Stable coin. The $ is loosing value. Leave it alone. You can use PAXG, a "Crypto Gold ", pegged to the price of gold like a $ stable coin. PAXGUSDT and PAXGBTC are on Binance for instance. You can also seel Directly to Gold on BotFinex sbhould you wish Enjoy
by Orriginal
HUGE moemnt for Bitcoin - BTC beats GOLD again - English FrenchOn the day where Peter Schiff , one of the Biggest supporters of GOLD, says "Schiff Gold makes it easy to turn fool's #gold into the real thing. Here's a link to the page that outlines the steps. So trade your #Bitcoin📷 for gold now, before the market runs out of fools, or the fools run out of money!" For Schiff to say this, it is Amazing, He Will Swap his Gold for BITCOIN... He has spent YEARS saying he would NEVER touch Bitcoin..Now he wants it #BITCOIN Reaches over 34 ounces of GOLD per Coin. Just look at the gaps between the candles now. They cannot buy #BTC fast enough. Is it any surprise that the man that represents GOLD has finally crumbled and is noew hunting BTC..... If there is anything that makes a BULLISH Case for #Bitcoin, It is SCHIFF GOLD asking you for your #Bitcoin And Very Soon, we will have a supply "Crisis" with Bitcoin as there will be a shortahe of available coins. This Will be an interesting time as Demand is rising..... Price is driven by demand.... BUY BITCOIN - KEEP HOLD OF IT ************************ Le jour où Peter Schiff, l'un des plus grands partisans de GOLD, a déclaré : « Schiff Gold permet de transformer facilement l'#or d'un imbécile en un objet réel. Voici un lien vers la page qui décrit les étapes. Alors échangez votre #Bitcoin📷 contre de l'or maintenant, avant que le marché ne manque d'imbéciles, ou que les imbéciles ne manquent d'argent !" Pour Schiff, dire cela, c'est incroyable, il échangera son or contre du BITCOIN... Il a passé des ANNÉES à dire qu'il ne toucherait JAMAIS au Bitcoin... Maintenant, il le veut #BITCOIN Atteint plus de 34 onces d'OR par pièce. Regardez simplement les écarts entre les bougies maintenant. Ils ne peuvent pas acheter du #BTC assez rapidement. Est-il surprenant que l'homme qui représente GOLD se soit finalement effondré et chasse désormais le BTC..... S'il y a quelque chose qui constitue un argument haussier pour le #Bitcoin, c'est SCHIFF GOLD qui vous demande votre #Bitcoin. Et très bientôt, nous aurons une « crise » d’approvisionnement en Bitcoin car il y aura une pénurie de pièces disponibles. Ce sera une période intéressante car la demande augmente..... Le prix est déterminé par la demande.... ACHETER DU BITCOIN - LE GARDER
by Orriginal
Bitcoin VS Gold = Bullish I decided to show this chart (and signal) considering all the global geo-political & economic situation - right now. The better hedge game is ON Any comments on this issue are highly appreciated ------------------------------------------------- Cryptocurrency vs gold: Precious yellow metal and bitcoins are two assets that are independent from the government. Both gold and cryptocurrencies are limited assets and hence prices of both of these assets appreciate or depreciate based on its demand and supply. As cryptos have been giving stellar returns amid uncertainty in regulations, there is a debate going on whether gold would lose sheen in race against bitcoins. Speaking on similarities between gold and cryptocurrencies; Manoj Dalmia, Founder and Director at Proaasetz Exchange said, "Like gold, cryptocurrencies are also a limited digital asset as there will never be more bitcoin released. This makes bitcoins similar to gold in terms of scarcity. Unlike fiat money, where bank deposits can be depreciated due to inflation controlled by the government, both bitcoins and gold are independent from the government." On how cryptocurrencies may give run for money to gold in asset segment; Vinshu Gupta, Founder & Director, Nonceblox Blockchain Studio said, "For long Gold has been the defacto hedge against inflation. It can be stolen, need to be stored and would usually need maintenance. It was one of the few trusted investments for old money but not anymore. Investors have started to look at bitcoins as future gold. It is purely decentralised, has no storage or maintenance issues and can't be stolen. Calling it only a hedge might not be full justice, I would rather call it the most lucrative asset on the face of earth and mars." Vinshu Gupta went on to add that Cryptocurrencies median annual RoI (Return on Investment) is 408 per cent. "When we compare it with 5-7 per cent rate of inflation, bitcoins not only hedges your position but generates wealth for generations to come," Vinshu Gupta said. Asked about cryptocurrency vs gold and better choice for hedge against inflation; Amit Gupta, MD at SAG Infotech said, "Many institutional investors seem to be turning to bitcoins, conceivably viewing it as a better investment option than gold, especially when it comes to hedge against inflation. In April, crypto exchange platform Coinbase revealed in its first-quarter report that the company hosted $335 billion worth of trades in that quarter, with more than $215 billion coming in from 8,000 institutional investors." Amit Gupta said that these deep-pocketed investors were encouraged to invest in bitcoins and other similar cryptocurrencies because of their inherent protection against inflation. ---- Credits to www.livemint.com
by blackriver85
BITCOIN VERSUS GOLDThe Chart is possibly one of the most important to me right now, While everyone is waiting for Bitcoin to push back up and be the "store of Value" that everyone needs in this age of unsettled Finance, the old School is still saying that GOLD will do just that, as it has in the past The main difference between the two is that People Jump for Joy at a 10% increase in Gold Price over years while BTC has already seen a 100% increase since January alone. This is clearly visible in the Chart as we see the increase in BTC price over XAU Gold But as can also be seen in the chart, is PA has been rejected off the 236 Fib retracement line, Classid resistance It also must be said that when BTC drops, it doesn't do it by halves, with the -80% drop from its ATH. THIS is when Gold was the better option But right now, we have GOLD/USD showing Gold up against a tough line of resistance and the BTCUSD chatry showing BTC with low Volume. Andso, This chart, shows us who is the better option when DXY $ Begins its next phase of descent, Which it Will do Trade safe Guys and Gals
by Orriginal