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trendanalysis
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Tracking performance - not investment advice - just for tracking
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Fairly strong correlation between Bitcoin (black line) and gold on this chart? Notice I inverted/flipped the gold chart upside down. The correlation here demonstrates that Bitcoin generally trades in the opposite direction to gold (in the modern era). Bitcoin does not appear to be digital gold or an inflation hedge. When the market is worried about Geopolitical...
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Charting/commentary presented for entertainment purposes only - this is not financial advice
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