Bitcoin Versus Gold - who wins ?
#Bitcoin is the Hands down winner. - there is simply no question about it.
And any trader will recognise this pattern on the weekly BITCOIN / GOLD chart
It is a bullish Cup and Handle
The % Gains Bitcoin has had over the last 18 months put Gold rise to its new ATH into shame.
And that is clearly seen by the chart above.
HOWEVER, Bitcoin by its very nature, pulls back and one way of preserving your gains is to sell out to GOLD and NOT A $ Stable coin. The $ is loosing value. Leave it alone.
You can use PAXG, a "Crypto Gold ", pegged to the price of gold like a $ stable coin.
PAXGUSDT and PAXGBTC are on Binance for instance.
You can also seel Directly to Gold on BotFinex sbhould you wish
Enjoy
And any trader will recognise this pattern on the weekly BITCOIN / GOLD chart
It is a bullish Cup and Handle
The % Gains Bitcoin has had over the last 18 months put Gold rise to its new ATH into shame.
And that is clearly seen by the chart above.
HOWEVER, Bitcoin by its very nature, pulls back and one way of preserving your gains is to sell out to GOLD and NOT A $ Stable coin. The $ is loosing value. Leave it alone.
You can use PAXG, a "Crypto Gold ", pegged to the price of gold like a $ stable coin.
PAXGUSDT and PAXGBTC are on Binance for instance.
You can also seel Directly to Gold on BotFinex sbhould you wish
Enjoy
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