DigixDAO relation to BTC
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
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
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.