Dear Everyone,
Look at the chart of XAU/BTC with invertetd scale. It seems to be that the BitCoin move was implicated by the weakness of faith to FIAT currencies. Because on XAU/BTC was nothing special. That prooves one more time that the U.S. Dollar and other state currencies are getting not to be a true money - sorry.
Currently we are at the resistance line for XAU at 0.2 (support for BTC c.a. 5 oz). We must observe today's candle as for bitcoiners would be better this resistance for Gold would stay. I believe it's possible.
Best regards,
Paweł,
P.S.
I my opinion, expected head-and-shoulders pattern happened at Bitcoin/Gold pair and will not happen an U.S. Dollar pair because of the money printing. In my opinion Gold is true money now.
Look at the chart of XAU/BTC with invertetd scale. It seems to be that the BitCoin move was implicated by the weakness of faith to FIAT currencies. Because on XAU/BTC was nothing special. That prooves one more time that the U.S. Dollar and other state currencies are getting not to be a true money - sorry.
Currently we are at the resistance line for XAU at 0.2 (support for BTC c.a. 5 oz). We must observe today's candle as for bitcoiners would be better this resistance for Gold would stay. I believe it's possible.
Best regards,
Paweł,
P.S.
I my opinion, expected head-and-shoulders pattern happened at Bitcoin/Gold pair and will not happen an U.S. Dollar pair because of the money printing. In my opinion Gold is true money now.
Nota
For all bitcoiners:BITCOIN MUST HOLD 5 OZ OF GOLD PER COIN !!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.