Apr 01 2021

Technical Signal Suggests Gold Is Ready For Revenge Against Bitcoin

published by Tony Spilotro
in blog Bitcoinist.com
original entryTechnical Signal Suggests Gold Is Ready For Revenge Against Bitcoin

bitcoin btc btcusd btcusdt crypto gold precious metals xau xaubtc xauusd xbt xbtusd

The digital gold narrative and fears of hyperinflation looming as the economy weakens and more fiat money is printed, has driven Bitcoin to incredible heights and done so quickly. But considering the cryptocurrency's history of frightening drawdowns, things could turn at a moment's notice. One sign that Bitcoin could soon be in some trouble comes from the cryptocurrency's trading pair against gold, which...