Bitcoin vs Gold

٢٧ سبتمبر ٢٠٢١

Btc vs xau could drop with the orange line to consolidate on the giant triangle around 0.168 fib before breaking out.

٢٨ سبتمبر ٢٠٢١

ملاحظة

This was only simple, due to being on my mobile at the time. Essentially look at the fib retracement from 0 to 1, and see the 0.618 level forming a consolidation level over a longer timeframe. This continuation of consolidation would pose a risk of further lows before supply totally drys up and the only way left is skyward.

IMHO bitcoin beats gold, it has a more restrictive supply and zero mass.

٥ أكتوبر ٢٠٢١

ملاحظة

Upward breakout from consolidation achieved.

١١ أكتوبر ٢٠٢١

ملاحظة

If you're into bitcoin and not watching gold/bitcoin you're missing the main show!

١٠ ديسمبر ٢٠٢١

ملاحظة

bounce up is due

١٦ يوليو

ملاحظة

this is on track, after a small delay (years)