Gold and Bitcoin: Bull Market Companions

Gold and Bitcoin: Bull Market Companions

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Interactive Video

Business

University

Hard

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The video discusses Bitcoin's performance, comparing it to Tesla and gold. It highlights Bitcoin's rise as digital gold, influenced by macroeconomic factors like the coronavirus. The technical analysis focuses on Bitcoin's RSI and market momentum, noting a bearish trend from a technical perspective. The discussion extends to Bitcoin and gold as quasi currencies, with a focus on market trends and futures trading. Tesla and Bitcoin are analyzed as disruptive technologies, with Tesla's speculative nature and market behavior compared to Bitcoin's.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Tesla in relation to Bitcoin as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of declining global yields and increasing debt to GDP ratios for quasi currencies?

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