Morteza-Emzajerdi

XAUBTC: who cares for this pair?

Long
TVC:XAUBTC   GOLD / BITCOIN
Gold Price to Bitcoin Price is gaining more and more strength.

Who cares, or compares these two to eachother?

If you are one those who cares, then you are a true investor.

Bitcoin has started its Asymptotic behaviour some four years ago and while bitcoin price compared to its own RSI in 6 months timeframe is implicating less strength and a prolonged overbought behaviour since 2017 onwards, everyone is not paying attention to such indicators.

Well! Some say that technical analysis is not enough. I prefer vice versa.

Gold is gaining strength.
This time I would say following 15 years of ever growing price and 3 times touching current levels, gold is finding ground to recieving more capital this time.
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.