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Orriginal.Crypto 1y ago

One thing that is rarly looked at to see about BTC PA is the #Bitcoin XAUT ( GOLD ) Chart

This has NOT broken out of range, though climbing well

Currently at 25.078 ounces per BTC, we hit a wall at around 26.3.

One reason why this has happened is that GOLD is also gaining. But BTC has a higher % Gain.

We wait to see what happens.

Will GOLD retreat and BTC continue ?

Or will Both retreat or continue to Gain ?

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SteadyTech 1y ago

nice chary, you're right it's quite rarely looked into but a solid trend there

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Orriginal.Crypto 1y ago

For me, its a no brainer..Whiel the DXY $ looses Value, as it has been, Gold pair still holds it value better. and currently , gaining on both assets...it is rare that BTC climbs while DXY $ also climbs.

BITFINEX trasdes BTC XAUT directly - hope that helps