atorrealba

DigixDAO relation to BTC

BINANCE:DGDBTC   None
DGD is sometimes a leading indicator for BTC's price action, it was essentially a coin used to "hedge" against bitcoins price moves so if BTC went down DGD would rise insanely


However what we can note is a potential failed breakout to the upside. However what makes me cautious is that we are sitting at the 0.786 which would turn around and start pumping meaning Bitcoin would dump before May


The issue is if DGD also dumps that would mean BTC is actually going into another bull wave
Penafian

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