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TECHNICAL ANALYSIS: BTC to Cross Key Price Level Against Gold

Technical analysis suggests Bitcoin (BTC) may cross a key price level relative to gold, as the bitcoin-gold correlation reaches a six-year high. Patrick Green from Bitcoin Magazine explains the BTC-gold ratio, noting higher lows since February and why BTC is nearly positive against gold. The original article can be found on Bitcoin Magazine.

TECHNICAL ANALYSIS: BTC to Cross Key Price Level Against Gold

Technical analysis suggests Bitcoin (BTC) may cross a key price level relative to gold, as the bitcoin-gold correlation reaches a six-year high. Patrick Green from Bitcoin Magazine explains the BTC-gold ratio, noting higher lows since February and why BTC is nearly positive against gold. The original article can be found on Bitcoin Magazine.

Sources

  • Bitcoin Magazine — TECHNICAL ANALYSIS: BTC to Cross Key Price Level Against Gold

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