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Technical Signals Suggested Gold Prepares To Revenge Against BTC

A few technical signals suggested that Gold is preparing to revenge against Bitcoin as the economy weakens and more fiat money is printed. This led to BTC reaching incredible heights but considering the history of the cryptocurrency of major drawdowns, things could turn at any moment so let’s read more in our latest Bitcoin news today. The technical signals suggested that BTC could be in big trouble against gold which reached a TD 9 sell setup on monthly timeframes. The signal if confirmed will suggest the current trend is exhausted and bounce is coming sooner than it was initially expected.…

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Peter Schiff Admitted He Was Wrong About Bitcoin: Report

Peter Schiff admitted he was wrong about Bitcoin but the gold bug still believes BTC’s drop to $10K predicts a bear market ahead. In our Bitcoin news today, we are reading more about his current stance on the number one cryptocurrency. The popular gold bug Peter Schiff admitted he was wrong about bitcoin after the spoke out against it for many years. He now believes that there’s some flaw in his predictions after acknowledging the coin didn’t collapse when the gold increased to a new all-time high last month. In a twitter conversation with Tyler Winklevoss, Schiff discussed with the…

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‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal

Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. He proclaims that bitcoin is “the hardest form of money” and “the best reserve asset and best collateral asset ever seen.” Bitcoin Is ‘the World’s Best Trade’ Macro strategist and former hedge fund manager Raoul Pal shared some analysis from his monthly global macro investment report early this week. The report is exclusively for Global Macro Investor clients. This month’s core focus is on bitcoin, particularly how the cryptocurrency compares to gold. Pal previously co-managed the GLG Global Macro Fund in…

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Gold, Stimulus & a Futures Breach: 5 Things to Eye in Bitcoin This Week

Gold reaches its all-time highs as marketplaces halt for news from the U.S. Federal Reserve & Bitcoin worth unpredictability revenues, Bitcoin (BTC) commences a new week further than $10,000 & mocking investors with additional advances will it last or is a rectification previously certain? Captivating an aspect at the forthcoming week & what it might have in stock for the Bitcoin worth five aspects that could take BTC/USD to the further high or again low as to 4 figures. Gold vs. Bitcoin: “Strong gains are unavoidable” Nevertheless, stocks futures were edging greater on Monday, the emphasis for macro was more…

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