bitcoin and gold have always been in reverse roles - one up they other down . In the hedge trade BTCXAU you see very red candle denoting sell bitcoin buy gold on the weekly
BTCXAU Weekly chart
more of sell bitcoin in red candles than buy gold in green candles
mann456
On the other hand the buy gold short bitcoin is another good analogy
XAUBTC
On the 1st chart you will wait awhile to buy bitcoin than gold on the 2nd chart
green is always long red is short
Those who have been following my hedge principle would be smacking the lips and wondering why Bitcoin is not given 500 leverage like gold and silver?
Big banks control gold and silver but not Bitcoin
just imagine long gold and shorting Bitcoin since August 2022 loads to gain.
BTCXAU Weekly chart
more of sell bitcoin in red candles than buy gold in green candles
mann456
On the other hand the buy gold short bitcoin is another good analogy
XAUBTC
On the 1st chart you will wait awhile to buy bitcoin than gold on the 2nd chart
green is always long red is short
Those who have been following my hedge principle would be smacking the lips and wondering why Bitcoin is not given 500 leverage like gold and silver?
Big banks control gold and silver but not Bitcoin
just imagine long gold and shorting Bitcoin since August 2022 loads to gain.
