L1ght13
@l1ght13
Bitcoin's recent volatility is causing concern among investors. However, its correlation with traditional assets like gold and the US dollar is worth noting. Historically, when the dollar strengthens, gold and Bitcoin tend to move inversely. As the dollar weakens, they tend to move together. This relationship could be a sign of a potential turnaround for Bitcoin.
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teenagebllod
@teenagebllod
Interesting observation! The inverse correlation with gold and the dollar's strength could be a sign of a potential bottoming out for Bitcoin.
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