bitcoin gold cup and handle correlation
Bitcoin

Bitcoin and Gold Correlation Leads to Matching Cup and Handle Patterns

Bitcoin and gold are regularly compared due to the similarities they share. But could those same similarities be the reason for each asset’s price charts forming the exact same...

Tony Spilotro | 1 week ago
bitcoin gold btcusd xauusd
Bitcoin

Gold Nears Short-Term Top, Raising Two Possible Scenarios For Bitcoin

The precious metal gold and its digital counterpart, Bitcoin, have been in a safe haven arms race for two-plus years now. The two assets became even more tightly correlated starting on...

Tony Spilotro | 2 weeks ago
bitcoin gold correlation powell
Bitcoin

Check Out Bitcoin And Gold’s “Uncanny” Correlation During Powell Speech

Yesterday, Federal Reserve Chairman Jerome Powell held a speech to talk about inflation and the impact on the economy. During Powell’s speech, the two top hedges against...

Tony Spilotro | 3 weeks ago
bitcoin silver gold
Bitcoin

Going Digital: Bitcoin Beats Gold and Silver In Year-To-Date Returns

As the dollar struggles and weakens due to the devastating blow dealt by the pandemic, there’s a battle going on between Bitcoin, gold, and silver for the ideal store of value...

Tony Spilotro | 4 weeks ago
bitcoin digital gold backed tokens commodity
Bitcoin

Gold Tokens Reach Milestone Market Cap; Does This Pose a Threat to Bitcoin?

Bitcoin and gold have been rising in tandem, as the dollar has been falling. It has also driven the growth of the market cap of digital gold tokens, backed by the precious metal...

Tony Spilotro | 1 month ago
silver gold bitcoin altcoins
Altcoins

Why Toppling Silver and Gold Prices Could Be Especially Bad for Bitcoin

In March 2020, the stock market dragged cryptocurrencies down to their Black Thursday bottom. Since then, however, soaring gold and silver prices have helped restore interest in...

Tony Spilotro | 1 month ago
bitcoin gold crypto gold rush
Bitcoin

How “Picture Perfect” Macro Uncertainty Will Keep Gold, Bitcoin Trending

This week, the United States Senate introduced another stimulus package that would add more than $1 trillion to the Fed’s already ballooning balance sheet. In response, gold...

Tony Spilotro | 2 months ago

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