CryptoCheck-

PAXG/BTC Local Highs - BTC ?!

Long
BINANCE:PAXGBTC   PAX Gold / Bitcoin
PAXG once again showing strength while BTC struggles. Obviously this causes its BTC pair to show even greater strength than its usd pairings. We can see highs from its BTC pairing are 4x higher still giving PAXG a lot of room.

The node volume and potentially seeing old resistance turn support is a great sign for PAXGBTC but worrying for what it means for BTC in the meantime.

Is PAXG going to be a hedge for many ? Is BTC getting attached more to the trends of the traditional market rather than being a hedge against it ?

Discord Server
discord.gg/xHJRka3

Cryptocheck Website
thecryptocheck.com

SoftQuant Website
softquant.io
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.