BITSTAMP:BTCUSD   Bitcoin / Dollar

These charts could mean nothing to you .
But its telling a truth that capital probably flowing from
Crypto currency which is under hard situation to commodities esp GOLD .
BTCUSD finished a ABC wave (blue) up to almost $20k,
while almost at the same time ( December 2017, same month) Gold finished a ABC descending trend.

Gold is definitely in a bullish trend while CRYPTO is in the

Just a thought, do not be mean here!
Less is more!
Kommentar: BTCUSD
Kommentar: we will follow the channel and two support and resistance zone to see how it goes.
Tele public channel:
Please Contact me personally via :
1.Wechat: ziyuvera
2.TELE:@VeraFuntrader (
Hey @FUNTRADER-Vera ! Can we have an update on this? Gold is approaching its resistance since summer 2016 which slowly started the bull run for Bitcoin.
You the best. Just wondering if you know anyone on here that uses an API to pull in Tradingview data to do correlation studies for said instruments - gold vs btc vs USD vs BTC? Would make life easier.
josephtse josephtse
@josephtse, I mean gold vs oil vs USD vs BTC.
hedging or not, look at the dollar index at dec 11th. thats what this is about. gold and btc are both traded in usd and the correlation to it is imho much more directly visible than the gold btc correlation. that's also because gold is a commodity and prices move much different and momentum is much slower than currencies. that there are hedgefunds with million of dollars in btc is no secret. but also, arbitrage trading. often the reaction is delayed by 1 or even 3 days. you always have to watch close for looming changes in the market and better instead of using it rather wait what happens, then act.
BTCUSD shows a bearish indication
This chart is extremely important, it is showing an opposite correlation signifying they both are seen by investors as a safe haven, store of value "in case".
There are very high chances that the patterns would share close similar patterns when the next "economic" crash will rise.
The future eventual crisis will actually be THE real tough test for crypto, and the one and lonely 100% reliable test for them.
Bitcoin past rise after Trump elections shows some real crisis resistance safe haven value to me. Btc has some real potential to be a better alternative to gold until technology goes to far for the blockchain to be hack proof.

This is it !
thanks for charting this! there is a safe haven!
I think you make a valid point with capital flowing into commodities, reason being is instability in macro-economics. Crypto lost 300 B. Market capitalization and when it corrects, I see 1.5 trillion flowing in.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden