Just a theory that bitcoin might be pegged to the value of gold
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By dividing bitcoin's price by the price of gold, the historical price trend goes from linear to exponential, which is a linear channel on the logarithmic scale.
This operation removes the noise caused by the value of the dollar.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.