The battle of Gold against Bitcoin......has so far - and that since November 2017 for almost 3 years already - not yet produced a clear winner.
Everything dances around the center line 0.19.
Go figure!
XAUBTCG trade ideas
Gold vs Bitcoin / Farewell to this level2 Month timeframe is useful here:
- Stoch RSI about to cross below 80, like exactly 5 yrs ago.
That was it for the ratio!
- Notice the gravestone doji and the pressure from 21 ma
One more time:
This is it for the ratio!
Bitcoin will purchase a lot more gold in one year!
GOLD/BTC -99.18% CYCLE! Mr.FIBONACCI SUPPORTS BITCOIN BULLRUN!🚀Structure
CORRECTION WAVE: 1 year (13 Bars) ---> 13 = 7th FIBONACCI NUMBER
-99.18% WAVE: 3 years (34 Bars) ---> 34 = 9th FIBONACCI NUMBER
Next TVC:XAUBTC target = 0.0032 BTC
If #Gold pumped 2.5x to 5000$, #Bitcoin will be pumped 100x to 1562500$
Gold est. Market Cap = 25T$
Bitcoin est. Market Cap = 32T$
THIS is VERY RATIONAL since THE FED has been and will be VERY IRRATIONAL
P.S. This Cycle will be trash IF AND ONLY IF money printer go rrrrrrb
#MoneyPrinterGoBrrrr
#NewMonetarySystem
#NextReserveMoney
#PeopleMoney
#BitcoinForLiberty🗽
BITCOIN ( Next Big SHort )Here I share with you a peculiar way I have of working Bitcoin. This always anticipates the possible falls or rises in the price of BTC, just as it makes you see the good areas of Buys or resistance. How? by working it against Gold.
A possible drop in price is coming. I hope you like it and can take advantage of it.
XAU / BTC - The 6 oz of Gold level per BitcoinHello Dears,
We have found a resistance for Bitcoin (support for Gold). This line in e few days will cross the the level of 6 oz of Gold per Bitcoin - c.a. August 26.
There is a question if we break that line or... we will not hold the 6 oz of Gold price per BTC.
The future is near,
Regards,
Paweł
XAUBTC - Inverted scale ;-)Dear Everyone,
Look at the XAU/BTC chart with inverted scale...
It seems that the prize of 6 oz of Gold per one Bitcoin survived the Bitcoin dump (c.a. 0.16667 of BTC per 1 oz of Gold). And the BTC prize volatility (in relation to USD) was connected strongly to the U.S. Dollar volatility (in relation to Gold). Because... in relation of Bitcoin to Gold... almost nothing was happen...
Honestly, the U.S. Dollar SHITCOIN volatility sometimes tends to be really annoying and vexatious more and more... And that will be in the future if the global economy will shrink further as much as now...
Cordially,
Paweł
XAU/BTC - invertaed scale... Breakout of BTC ;-)Dear all,
Good news for Bitcoiners, it seems that the breakout of BTC in relation to Gold is fact. There is still a question if the 6 oz of Gold per BTC would also break as the psychological barrier.... (XAU/BTC c.a. 0,1667)
Best regards,
Paweł
P.S.
Todays Bitcoin price in relation to U.S. Dollar is not a result of Bitcoin's weakness, but U.S. Dollar's strentgh. That is why I look onto the chart of relation Bitcoin to Gold.
XAU/BTC - Inverted scaleDear Everyone,
Look at the chart of XAU/BTC with invertetd scale. It seems to be that the BitCoin move was implicated by the weakness of faith to FIAT currencies. Because on XAU/BTC was nothing special. That prooves one more time that the U.S. Dollar and other state currencies are getting not to be a true money - sorry.
Currently we are at the resistance line for XAU at 0.2 (support for BTC c.a. 5 oz). We must observe today's candle as for bitcoiners would be better this resistance for Gold would stay. I believe it's possible.
Best regards,
Paweł,
P.S.
I my opinion, expected head-and-shoulders pattern happened at Bitcoin/Gold pair and will not happen an U.S. Dollar pair because of the money printing. In my opinion Gold is true money now.
XAUBTC / Will the ratio move into the 200 wma top trend line?I've never used a ma trend line cross before. I don't know if it even has a name??
But somehow this one seems relevant.
Last time (nov 16) this cross happened while ratio was already favoring bitcoin and pushed the ratio way down.
This time the cross happens while ratio is favoring gold in short term.
And with gold near ath...
Bitcoins Invisible golden fractalThis chart shows a macro fractal in bitcoins price that cannot be seen when pricing bitcoin against US dollars. It can only be seen using the inverted Gold/Bitcoin chart.
As fiat inflates, loses value, and ultimately collapses it is clear the Gold/Bitcoin pair will become the single most important currency pair.
If this fractal holds any weight then we might only be in the equivalent of May 2015 with this bull market not topping out until some time in 2023.
