It is common to compare Bitcoin price with Gold price and do you think it also relates to other factors?
Mytradinginfo shows real-time charts that compare Bitcoin price with Gold, Nasdaq index.
Chart trends can be one of the tools to analyse Bitcoin price and plan your trading strategies.
www.mytradinginfo.comIn my opinion, over the long term, bitcoin's price always fluctuates and pairs with trends but is also influenced by many factors. The rise of Gold and bitcoin shares many, but not absolute, similarities, having similar correlations with oil prices. More importantly, the value of bitcoin has a close relationship with all aspects of life, society, financial commerce ... This is the point!