Follow up on Bitcoin vs GDX

GDX4
In a previous post I put up the following chart depicting the recent major divergence between Bitcoin and GDX (gold miner index) and that if recent history is a guide for the future, we should see Bitcoin and GDX converge. So what has happened since then?…...
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Sunday Reading

Läsvärt
“A Biased 2017 Forecast (Part One)“ – Theburningplatform.com “A Biased 2017 Forecast (Part Two)“ – Theburningplatform.com “FMQ Beaks $15 Trillion” – Goldmoney.com “Get An Education” – 321gold.com “Debt Surge Producing Fake Recovery” – Goldseek.com “Crisis, Dullars and Wake-Up Call” – Goldseek.com   Chart of the...
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Chart of the day: GDX

gdx2
GDX (gold producers) is looking quite bullish on the weekly chart for at least a swing higher in the short/medium term: MACD has turned up. Histogram shows correction lost strength. Weekly candle stick hammer (Last seen at the end of the last major bottom). RSI turning...
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Chart of the day: Bitcoin vs. GDX

Bitcoin vs GDX
Abstrakt: I åtminstone två år kan man se ett intressant förhållande mellan Bitcoins utveckling i USD och guldbolagsindexet GDX. När dessa sett kraftig divergens så har detta “gap” kommit att slutas inom någon/några månader. De senaste veckorna har ett betydande gap uppstått i och med...
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