Hi folks,
I'm new posting here but old investor. I was wondering if there's a direct correlation between bitcoin price and
www.bitcoin.com and Gold price
www.goldprice.com .
If you look at the charts in evident that gold started to drop when bitcoin did or vice versa? Is there any systematic correlation?
Thanks in advance
I dont think there is a correlation to bitcoin price and goldprice they are sold and bought from different markets and traded from different people. But if there is way to apply gold price to bitcoin market like usdt may it will become more popular and we can allow to buy gold using bitcoin without any husstle but this is not simple as i think.