Just sharing my first idea on XAUBTCI did a simple trend analysis on XAUBTC. What do you guys think?
XAUBTCK trade ideas
Gold is going to outperform Bitcoin for the next yearGold in pair with Bitcoin has broken the dynamic resistance of a falling wedge and made a decent pullback which is at 61.8 fib level of the last pulse.
Gold is going to outperform BTC for at least the next 12 months in my opinion
XAU/BTC Gold/Bitcoin- Bullish trend reversal.XAU/BTC Gold/Bitcoin- Bullish trend reversal.
Suggest much higher prices for Gold in the future, relative to Gold.
9 Bitcoins for 1kg gold by 2025Gold is already outpreforming Bitcoin, no discution possible. Based on what I see, the target will be 9 Bitcoins for 1kg Gold by 2025. Hope more but this is a minimum!
The only question remains is, will Gold reach such a high price or will Bitcoin dump that low? It can only by one of the two options, face it.
I'm thinking more Gold 2025 90k and Shitcoin 10K, seems about right doesn't it?
BTC to Gold on the monthly chartJust a simple strategy I discovered while playing around with Gold and BTC, which appear to have an inverse relationship.
This is on the monthly timeframe, the idea is to follow the value at the right time.
Even though XAUBTC is on a general downtrend, the strategy is simple:
Every time the Stochastic RSI on this chart starts pointing up, that is a signal to exit BTC and enter XAU.
Every time the Stochastic RSI points down, exit XAU and enter BTC.
Convert BTC into Gold when the bear rally is overBitcoin outperformed gold in the last 13 years since its inception but this trend will stabilize and both gold and bitcoin will reach an equilibrium until hyper-bitcoinization. A good way to store wealth made from bitcoin is to put it temporarily into gold during the bull runs and during small bear rallies (as the current one from $16K btc to 35K btc), then re-buy bitcoin in time for 2025 bull run. This way you can avoid using USD or USDT at all since neither is 100% safe, neither is USDC or DAI as they are all centralized and backed by garbage fiat and empty promises.
XAUBTC DAILY CANDLE ANALYSIS XAUBTC daily candle chart looks trading in a chhannel from long time
recently its break the channel in down side but holding the last low
so here is the risk is very low and reward is much higher
one trade can must be taken there for buying side with the stop loss below recent low below 0.070
stop loss below the recent low 0.070
target can be 0.1261
Gold and Bitcoin have always been in reverse rolesbitcoin and gold have always been in reverse roles - one up they other down . In the hedge trade BTCXAU you see very red candle denoting sell bitcoin buy gold on the weekly
BTCXAU Weekly chart
more of sell bitcoin in red candles than buy gold in green candles
mann456
On the other hand the buy gold short bitcoin is another good analogy
XAUBTC
On the 1st chart you will wait awhile to buy bitcoin than gold on the 2nd chart
green is always long red is short
Those who have been following my hedge principle would be smacking the lips and wondering why Bitcoin is not given 500 leverage like gold and silver?
Big banks control gold and silver but not Bitcoin
just imagine long gold and shorting Bitcoin since August 2022 loads to gain.
BTCGOLD ascending log channel, fibBTCGOLD ascending log channel, fib levels used for resistance and support, marked 2 outliers pre-2013 and 2021 march drop.
Historical resistance brokeI dont understand that no one is talking about tis resistance that broke for the first time in history...
If you look good this means that bitcoin could get very low in the next few years, or it means that gold wil rise tremendously high. On of the two it will be.
One thing is for sure, it's the first time in bitcoin it history that this resistance broke on the weekly chart.
Very conserning if you ask me.
I let your imagination to the work how low Bitcoin actually could go if you look at this chart. NUTS!
Bulish?Gold compared to Bitcoin, 1 chart, 1 line.
Historical comparison between the two.
Putting this on my timeline, curious how this will work out.
When moon
XAU/BTC About to breakout!Hey Guys!!
This time we are talking about this pair of XAU/BTC, morning was interesting, not going to lie but we thought there will be more volatility then there was but small sort of "liquidation hunt" was there and now we see how buyers are taking slowly over!
For now we are still waiting for our main confirmation for bearish market for BTC - which would be breaking upper zone of XAU/BTC which would mean breaking BTC zone of $19500-$19600
BUT we still need to look out for attempts of breaking $0.083-$0.084 zone What do you think guys? Will bulls take over this trend or will bears finish what they started?
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Gold Vs BTCThis chart is the price of an ounce of gold denominated in Bitcoins. BTC has outperformed most assets, if not all assets over its brief existence, so it is obvious the chart would trend downwards.
There are two points I am trying to emphasize, that I believe can help us predict a bottom/top.
1. The top Bollinger Band has been a pretty accurate predictor of the BTC Bottom in past cycles and if this cycle is anything like the ones before means we have either seen a bottom or we might get another wick above the top BB before we resume the upward trend.
2. Notice how the bottom Bollinger Band extends off of the screen, which imo is an indication of increased volatility (bull market/euphoria phase). The next time we see see this happen will likely be an indication that the Bull run is already underway and you should be looking to scale out of a position.
Assuming investors look at BTC and Gold as a similar systemic hedge, I believe this trend will continue into the future and BTC will continue to steal market share away from the "gold narrative"
Gold to BTC gold very low relative to bitcoin and can this mean that gold will be better than bitcoin and if so then the slipper ...
BTCUSD Long. Happy 2023BTCUSD about to 🚀🚀🚀
Currently retesting the Weekly demand zone to accumulate more buying pressure to the upside. We see pure correlation playing out just the same on the downside.
Selling gold. Buy BTCHello . The value of BTC is increasing compared to gold (just to know the trend)
$BTC outlook using a Short Term IndicatorRelative to gold, BTC can outperform in near term looking at the MACD hist divergence. So, I see more upside for BTC from 20k
Gold vs BTC, which one will make the next move? XAUBTC is one of my favorite indicators to decide if bitcoin's big crash or big pump is over! The rivalry between GOLD and BTC is worth watching and being careful about.
It seems that bitcoin will suffer a little more depreciation against gold and will lose more value until it reaches the next resistance zone, I mean between 0.1 to 0.11. After the touch and a few days of range on the area, either the red or the green scenario is going to happen and it's too soon to talk about it. But in the case of the green scenario which leads BTC to gain value against gold, I'm expecting a sharp reject because there is no obstacle to reaching 0.06 on the chart and it means a nice pump for the bitcoin.
DO YOUR OWN ANALYSIS.
DO NOT FORGET MONEY MANAGEMENT.
ShortAccording to the chart, the ratio of gold to bitcoin is very likely to fall * In this case, either gold should have a significant drop, which is a little unlikely, or bitcoin will grow, which is more likely to grow bitcoin.
