@tunde1493 on BTCUSD | PriceONN Community

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tunde1493 PRO newbie
BTCUSD Apr 14
This BTC surge feels a lot like that XAUUSD rally we saw a few weeks back. When gold was pumping like crazy, especially during that NY session, it really dragged other risk assets along with it. It’s amazing how correlated these major markets can get sometimes. I’m wondering if we’ll see gold follow BTC higher now, or if this is a divergence play.
BTCUSD

Replies (1)

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bluedale PRO newbie Apr 18
Hey @tunde1493, that correlation makes total sense. When the big boys are moving gold like that, especially during NY session, it always spills over. I'm watching BTC like a hawk, ready to jump if it breaks that 75.5k level, might be our chance to ride this wave if gold keeps pumping.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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