Recently, as I was playing around with some numbers, I observed an interesting relationship between BTC and GLD which has persisted since 2018. Here is the unmarked chart of the two assets.
The past few weeks have been highly volatile for bitcoin (BTC), with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern with ...
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Bitcoin chart shows ‘diamond pattern’ with $96K target — What kicks off the downside?Some analysts believe Bitcoin price could be headed to a correction below $96,000, based on emerging technical chart patterns, especially as markets remain increasingly sensitive to tightening ...
“We are seeing Death Crosses on the Bitcoin D chart, but we are also seeing BTC bid liquidity appearing in the order book that could limit the downside volatility,” part of the post states.
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