Gold is in a bull market
higher lows (technical), world economy instability and war risk (fundamental) can cause an uptrend in Gold
So far gold hasn't broken out, but it hasn't broken down either. The more time gold spends knocking on resistance's door, the greater the likelihood that it will go through!
above $1400 can confirm the new trend.
Gold vs Fiat or Bitcoin?
I was personally studying both assumptions in my previous posts. but we mostly like BTC to dilute fiat's dominance.
In fact, the way Bitcoin has been trading it looks like it's more of a bet against gold than it is against fiat currencies. Since Bitcoin has more in common with fiat than gold, this makes sense. The problem is most people buying Bitcoin don't realize this yet!
So I can see any possible bull run on Gold, pushes Bitcoin back from its current trend.
my twitter post on this: https://t.co/KXaZraO6lJ
And just when you thought nobody was looking, the barefeet travelling Tina, known for her cheaply plagiarized images, leaves her dirty footprints right in your pocket...
as if it wasn't obvious enough from the get go, but now you've figuratively been caught with your hand in the cookie jar...
I hope you're at least a little bit ashamed!
wrong attitude... end of story
The wrong attitude is blaming your wife and/or letting her bid-bod plagiarized images while you're blogging about community values yourself.
Does she bring you cake from the shop and tell you she baked it?