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Gold Beat Bitcoin

Trading Cocktail February 22, 2022 Crypto, News Leave a comment 584 Views

Gold beat Bitcoin as a Further Drop Into the $30k Level is Possible. Bitcoin was trading near a two-week low as worries of a Russian invasion of Ukraine spurred, further drop is likely and could go below the critical $30,000 mark. At the same time gold rise to $1900 and test the may 2021 resistance.

Bloomberg

XRP lead todays drop by 8.2%.

See also Stocks back into bearish mode and Bitcoin Lead The Dive

Tags bitcoin BTC btcusd cryptocurrency Gold xau

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.