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Bitcoin-gold

Bitcoin is going to the high... then what? Look at Gold!It is readily apparent by now that BITFINEX:BTCUSD is on a run for the last ATH. When the price of something is this close to such an obvious level with momentum it is a very high probability bet it is going to reach it and even break it. But what then? You have to BE SMART. A lot of people that don't watch this video are going to FOMO and I pity them but hopefully it comes with a lesson. That lesson they will learn one can already learn by just looking at the chart of AMEX:GLD this year.
AMEX:GLDLong
by norok
4
Bitcoin is better than Gold according to the chartMy friends, In this crazy world we live in, most of us are looking at ways to protect our hard work savings in FIAT. Some people say "buy gold" others say "buy Bitcoin". Looking at this chart we can see that Bitcoin turned into a bull Oct 20 2020. You will see since that time Bitcoin is up over 34% to Gold. So holding Bitcoin has been better than holding Gold. Just as a point of reference since 10/20/2020 Bitcoin is up 32% to USD and Gold is down -2% to USD. Bitcoin is showing signs that it is the best store of value over Gold and USD. Only time will tell Everyone be safe out this ~S
BITSTAMP:BTCUSDLong
by controllinghand
BITCOIN DOMINANCE BACK DOWN TO 55%Bitcoin Dominance Has Had a Nice Run But, It Seems To Re Respecting the Parabolic Resistance. If The Resistance is True and BTC.D Continues To Trade Within The Yellow Channel, it could go back down to 55%.. And Then Even Lower. The Contemplating Crypto Collective 🔸️Learn How to Trade and Invest Into Cryptocurrency🧠 🔸️Get Profitable Trading Set-Ups and Signals📈 🔸️Copy Our Diversified Long Term Portfolio📊 🔸️Engage With Our Skilled Community👥👥👥
CRYPTOCAP:BTC.DShort
by contemplatingcrypto
9
GOLD to BITCOIN ratio. Are gold investors switching back to BTC?I have used the Gold-to-BTC ratio many times in my publications, one of the most informative of those seen below: I looked into it again as lately I am seeing an interesting price action between the two. While Gold struggles to regain its bullish momentum of the early part of the year, Bitcoin touched the June 2019 High and is surprisingly holding its gains despite the sharp pull-back on the global stock markets. The ratio currently shows that the Higher Lows trend-line that started on the December 2017 Bottom, just broke to the downside. Last time that happened in the previous Cycle, was in May 2016. That break-out initiated a strong selling sequence for the ratio. What is even more interesting is that on May 2016 (the month of the Higher Lows break-out for the ratio), Bitcoin broke its first Higher High level of the (new) Bull Cycle, starting officially the Parabolic Rise. Currently (October 2020), Bitcoin is testing the first Higher High level of this (new) Bull Cycle, the 13865 June 2019 High. Breaking above it will fill all the dynamics and complete the full-sequence of the 2016 break-out. So is this a sign that Gold investors are moving their capital to the digital Gold, BTC? And does this indicate that the parabolic phase of Bitcoin is about to start? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
OANDA:XAUUSDShort
by TradingShot
15
Bitcoin, Gold and S&P 500 Return of investment comparison.While it's true that Bitcoin is the most volatile and risky asset, the ROI of 65% is pretty adequate compared to Gold 25% and S&P 500"only" 6% return of investment. From this chart you can simply see that Bitcoin has the biggest spikes and is still the fastest growing and it's very important to have a proper strategy, when investing into Bitcoin. From the chart you can see, that Bitcoin can be seen as the hardest asset to trade due to these strong fluctuations. Keep in mind, that the ROI date is set to today, 20 October 2020. The ROI tells you one thing , if you invested on the January 1. a $1000, you would currently have: 1. $1,650 dollars if invested into Bitcoin 2. $1,250 dollars if invested into Gold 3. $1,067 dollars if invested into SPX500 Of course, when you are investing into Gold or SPX there is going to be some fee from the Broker when you are buying the asset or holding, while you can buy Bitcoin at many Exchanges for a free of charge (SEPA mostly) and you can even pay with it! All of these three options are still better than holding your money in your bank account with a 0,5% interest, which can't even pay for the inflation , which is around 2% per year. So even if Bitcoin is going to fall, let's say to $10,000 it would still outperform both Gold and SPX in term of ROI, which is the most important indicator at which Investors look at. I am going to be also releasing a study on what's the best simple way of Buying Bitcoin in long term and profiting from it, so stay tuned. If you liked this analysis, let me know by dropping that like button! If you have any questions, feel free to ask me here or via dm! Until next time! Cheers, Tibor
BITSTAMP:BTCUSD
by TiborVrbovsky
26
Very useful comicsBe like Alex, do not be like Jack! Many of my students have a bad experience working with scam brokers. I will tell you the story of one of them! He decides to try different brokers and get a lot of bonuses from them...... Everyone loves to get a lot of attention. So, the managers of these brokers called him every few times a day. They told many beautiful stories about a wonderful life with a bag of money, expensive vacation, sports cars, and personal Jet...))). But when they talk about such things, they sit in a small room without air conditioning, dressed in cheap clothes and eating fast food. Yes, he will get it all if he cheats you and hundreds of other novice traders! Then you can think about the police, court, or indictment, but they just change their head office address and contact phone number. They never refund money, except when you have a good influential friend. I have two videos for you on my youtube channel. The first one is about how to identify a cheating broker and the second one about how to choose a reliable broker. I recommend that you check both of them and never make the same mistake as my friend. He did not get his money back and that managers (traders, bots) are losing most of their deposit. Be careful, take care of your money, take care of your nerves, take time... be like Alex!). Don't forget to support this idea with your like!
BITMEX:BTCUSD.PEducation
by Yuriy_Bishko
12
DXY head and shoulders forminglong term trend of the dollar index is lower. There looks to be a head and shoulders forming in the long term dollar index chart. From a high around 103 to the neckline of 88, the target would be 73. I would look for the dollar index to break the neckline next year, 2021, leading to swift declines. All dollar denominated assets would in turn rise in value. This would be particularly good for store of value assets such as gold, silver and bitcoin. Any other commodity should also benefit from a sinking dollar. This long term dollar decline is a direct correlation to monetary policy of the United States and the federal reserve. This dollar decline most directly benefits asset holders, specifically wealthy people. I would then be looking for lows around 73 in the year 2023 or 2024.
TVC:DXYShort
by ngordon