/root_wolves
714 subscribers
997 photos
149 videos
3 files
3.53K links
Download Telegram
https://www.tradingview.com/x/qRSHzUh1/

BTC/XAU pair is used to see the value of Bitcoin relative to gold, not against dollars or other fiat. Its function is more to macro analysis and hedging, not to day trading on general exchanges.

1/ Comparison of "store of value"
BTC and gold are both considered hedge assets against inflation. The BTC/XAU pair indicates whether Bitcoin outperformed gold or vice versa in a certain period.

2/ Measuring risk appetite
BTC/XAU rises → Bitcoin outperforms gold → the market tends to be risk-on

BTC/XAU down → gold outperforms Bitcoin → market tends to risk-off / defensesive

3/ Macro cycle analysis
This pair is often used for reading phases:

Early bull cycle: BTC starts to outperform gold
End of bull / crisis: gold returns to the upper hand

4/ Alternatives to BTC/USD
Because the USD is also influenced by monetary policy, BTC/XAU gives a more neutral perspective, comparing two "hard assets" directly.

5/ Not a common trading pair
It is hardly used for retail spot/futures execution. More often used: Macro analyst, Long-term investors, Hedge fund / thesis cycle

Bottom line:
BTC/XAU is used to read Bitcoin vs gold's strength in the context of inflation, crises, and global macro cycles - not for scalping.
🔥2
Livermore's legendary accumulation cylinder
Forwarded from /root_wolves
👍1😁1
This media is not supported in your browser
VIEW IN TELEGRAM
Relax don't panic, read this
https://t.me/root_wolves/10918
🔥1
/root_wolves
Relax don't panic, read this https://t.me/root_wolves/10918
Are you playing with candles and egos?

Isn't it crazy? 😁
/root_wolves
9M new ath $MANYU 😱
Imagine you knew the team from the beginning, unfortunately we just felt the chart and candle, which is suitable to be called gems 😂
🔥1
Trenches are starting to heat up, get ready for hunting, I'll put dexs links when getting a new gems
Damn, with all due respect 3x i have to mention "my advice", after 2024;
https://t.me/root_wolves/5880
https://t.me/root_wolves/6678

And this is the 3rd
https://t.me/root_wolves/10797
🔥2
33 is the biggest narrative, online - real life
https://t.me/root_wolves/10729?single
/root_wolves
Are you playing with candles and egos? Isn't it crazy? 😁
This media is not supported in your browser
VIEW IN TELEGRAM
😁1