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Bitcoin is Eerily Copying Gold Trends; Analyst Fears Breakdown

Bitcoin is laggingly tailing the gold chart trends, and it may face trouble for its delayed correlation. That is due to the precious metal’s latest breakdown move, wherein the price broke out of a Symmetrical Triangle pattern to the downside. Incidentally, Bitcoin is now consolidating inside a similar technical structure, and one analyst predicts it would break bearish just like gold. “Since the COVID Crash of March 2020, it is apparent that gold has been leading Bitcoin,” the TradingView.com contributor wrote in his analysis, placing their performance against each other to prove the correlation theory. Bitcoin-Gold trend comparison since March…

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Google tightens its ad misinformation policies ahead of the election

Google’s ad policy already forbids advertisers from misrepresenting themselves, but the policy change will prohibit advertisers from working together to distribute misinformation and concealing their affiliations. This could include, for example, a spammy marketing company that creates ads that look like newspaper articles, Smith said. Continue reading Google tightens its ad misinformation policies ahead of the election at E-Crypto News.

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