Summary

There appears to an inverse relationship between Bitcoin and gold: one moves up, the other moves down; one moves down, the other moves up.

Based on Elliott Wave analysis, Bitcoin appears to have made a new low and is poised for a move up in the coming week.

The Bitcoin Investment Trust is a margin-free instrument that is traded on the OTC and allows traders with a set strategy to take advantage of Bitcoin’s extreme volatility.

Gold appears to be heading into a bearish period which suggests you should sell gold.

Based on my analysis, you should buy Bitcoin and sell gold in the coming week.

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