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Korrelation bitcoin und ethereum preis
bitcoin to USD, especially after Coinbase added the currency last year, followed by others, with eths symbol now fairly ubiquitous. This presentation is not intended for solicitation purposes but only for use as general information. Bitcoin is used as digital gold today. Thats shown by eths inverse correlation, especially in the past few days, as indicated by the below image which illustrates an eth upwards movement at the same time as a bitcoin downwards movement, potentially because bitcoiners or other altcoiners may be buying eth. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Support us on Patreon: m/pathtradingpartners, the Money Path Podcast:?mt2, store: m, homepage: m, twitter: m/path_trading, disclaimer: This presentation is for information purposes only and does not constitute investment advice nor an offer, solicitation or recommendation to acquire.
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Ethereum and bitcoin correlation on a shorter timeframe. That might be because while bitcoin continues to attract investors, it is doing so at a lower rate than ethereum, either because bitcoin investors are diversifying or new investors are choosing eth rather than bitcoin at a greater rate. However, as covered by, ethereum World News, Gabor Gurbacs, the director of digital asset strategy at VanEck/mvis, claims that BTC could be worth upwards of 20,000 if it can succeed in a role as a primary form of digital gold. There are times when the two main currencies move in the opposite direction, as can be seen there around the middle of the 1d timeframe chart below, but sometimes they both move up at the same time. While the crypto asset proponent didnt mention any specific drawbacks of gold or positive aspects of Bitcoin, it could be assumed that he sees Bitcoins ease-of-use, immutability, digital nature as reasons why some forward-thinkers would see value in the use of BTC. Its a de-risk asset. Putting the charts (which are logarithmic/non-linear) side-by-side, it becomes apparent that there are clear parallels, or as Bizniz puts it, uncanny, even though the two stores of values may be inherently different at their core. Thus, in some cases, hiding what may be a continued inverse correlation but in a hidden manner by, instead of bitcoin falling, it rising at a lower amount than otherwise.
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