Does Bitcoin Price Follow Gold And Silver? Charts And Cryptocurrency Forecast, Tech Anal…

Bitcoin, Gold, and Silver have been showing surprising signs of correlation.

If the three risk-off assets continue to move in the same direction, then Bitcoin is lagging and could catch up any day.

Bitcoin, Gold, and Silver.

In some of my more recent articles, I’ve discussed how Bitcoin follows US equity markets as a risk-on asset more often than it does Gold as a risk-off asset. Additionally, I’ve pointed out that Gold has a surprising amount of correlation to equity markets during 2019. But we could be experiencing a change in the correlative moves that Bitcoin has had with equity markets. The chart above shows four charts. Gold’s chart on the top left, Silver’s chart on the top right, Bitcoin’s chart on the bottom left, and a comparison chart of all three on the bottom right. I’ve also identified some dates with vertical lines. The vertical lines represent…