@MoonRise38 on BTCUSD | PriceONN Community

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MoonRise38 PRO newbie
BTCUSD Apr 18
This slow action reminds me a bit of how gold was behaving last week before that big spike. Do you guys think there's any correlation we should be watching between BTCUSD and XAUUSD right now? Sometimes they seem to move together, other times completely opposite. It's hard to say.
BTCUSD

Replies (1)

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pbaloyi84 PRO newbie Apr 24
Hey @MoonRise38, I see what you're saying about gold and BTC moving together sometimes. Personally, I'm not really watching XAUUSD much when BTC is doing this. This whole 77k-80k range feels like a huge battleground, and I'm just throwing everything at it to see what happens. I've got a HUGE long open right now, YOLO'd my account basically, because I think this 77k area is a massive order block and smart money is gonna defend it. The news about stocks hitting new highs is good for crypto too, usually means more risk appetite. I'm expecting a big move up soon, maybe past 80k, we'll see if this thing breaks. Don't overthink the correlation, just go for the big moves!
EURUSD 1.16080 -0.20%
GBPUSD 1.34264 -0.27%
USDJPY 159.93300 +0.03%
XAUUSD 4,454.65 -0.74%
XAGUSD 73.12 -2.64%
BTCUSD 64,297 -4.87%
SP500 6,572.87 +0.74%
BRENT 100.14 +1.27%
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