Vipuljain5

Gold Bolta h Bitcoin Dolta h

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
There is a clear correlation between the Bitcoin n the Dollar index working in same direction being Gold has the inverse relationship with both of them. As its clearly seen the as the Bitcoin has no intrinsic value on its own but derives its value from the Arbitrage. Its just another commodity for the traders and investor to arbitrage against other asset classes. But Gold is Gold its doesn't needs any regulatory approvals for the validations and certifications. Bictcoin chart is weak n it is in falling channel and levels are mentioned and its going to retest the levels of 29000-30000 range sooner with kind of volatility it is suffering from.

Comments

very good
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter