Bitcoin

Eerie Gold Fractal From 2020 Leaves Bitcoin Exposed to $27K-Retest

Bitcoin's price correction from its record high of approx $42,000 in early January appears eerily similar to that of spot gold in August 2020.

Yashu Gola | 1 month ago
bitcoin digital gold xaubtc
Bitcoin

deVere Bitcoin Survey: Two-Thirds Of Millennials Prefer Digital Gold

A new survey from one of the world’s leading financial advisory firms, advising on over $10 billion in client capital, claims that two-thirds of its millennial customers far...

Tony Spilotro | 3 months ago
gold, Bitcoin, cryptocurrency, BTCUSD, BTCUSDT
Bitcoin

Gold Market Brings Bad News for Bitcoin: A Potential Death Cross

Spot gold is inching towards forming a "Death Cross" on its daily chart, which may transform its ongoing downside correction into a full-fledged bear trend.

Yashu Gola | 3 months ago
Bitcoin is Eerily Copying Gold Trends; Analyst Fears Breakdown
Bitcoin

Gold Undergoes $2tn Market Wipe-off against Booming Bitcoin; Coincident?

The last four months saw gold trimming its market valuation by $4 trillion. Conversely, Bitcoin added about $180 billion within the same period.

Yashu Gola | 3 months ago
Bitcoin

Bloomberg: Futures and Fund Flows Show Bitcoin Is Replacing Gold

The Bitcoin as digital gold narrative is suddenly taking on such significance, hedge funds, corporations, and institutional investors have begun reallocating a portion of their gold...

Tony Spilotro | 3 months ago
Bitcoin is Sucking Liquidity Out of Every Major Market, Charts Show
Bitcoin

Bitcoin is Sucking Liquidity Out of Every Major Market, Charts Show

Bitcoin evangelist and Wall Street investor Raoul Pal published a series of charts that pitted the cryptocurrency against major financial markets.

Yashu Gola | 4 months ago
Bitcoin Escapes Stock Market Sell-Off on Booming Safe-Haven Appeal
Uncategorized

Bitcoin Escapes Stock Market Sell-Off on Booming Safe-Haven Appeal

An overnight attempt to crash Bitcoin alongside the US stock market met with extreme resistance as the cryptocurrency bounced back handsomely.

Yashu Gola | 4 months ago
Bitcoin

How Bitcoin Breaks $20K: The Answer Lies in Gold-M2 Correlation

Bitcoin bulls have repeatedly claimed that the cryptocurrency price will hit $20,000 shortly. While many analysts believe it would happen, some disagree.

Yashu Gola | 4 months ago
Bitcoin

Investors are More Interested in Bitcoin Than Stocks: TD Ameritrade

Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed that investors are more interested in owning Bitcoin than the equities. He said the cryptocurrency...

Yashu Gola | 4 months ago
Analyst Sees Gold at $4K in 2020; What Does It Mean for Bitcoin?
Bitcoin Price

Analyst Sees Gold at $4K in 2020; What Does It Mean for Bitcoin?

An optimistic forecast for gold is making Bitcoin equally bullish, thanks to its erratically positive correlation with the crypto. Gold Boom Ahead Frank Holmes, CEO of US Global...

Yashu Gola | 5 months ago
Uncategorized

Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?

Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the...

Yashu Gola | 5 months ago
bitcoin gold price peak
Bitcoin

Bitcoin and Gold “Miners Multiple” Points To Drastically Different Price Peaks

Throughout history, the story has always been about silver and gold. But since Bitcoin was born, gold now has to compete with a better-built, digital counterpart. The arms race for the...

Tony Spilotro | 5 months ago

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