Bitcoin ICLR ’s daily price chart looks like this:Bitcoin daily price chart, 4 4 20. stockcharts.comYou can see how the cryptocurrency has rallied from mid-March to the present, from just under 5250 to just above 6700. Bitcoin’s weekly price chart looks like this:Bitcoin weekly price chart, 4 4 20. stockcharts.comThe last 3 weeks worth of rally is not all that dramatic when viewed on this time frame. Note that the cryptocurrency has not yet been able to climb above the Ichimoku cloud on the weekly or daily price chart. Gold looks like this on a daily price close basis:Gold daily price chart, 4 4 20. stockcharts.comThe month of March has yielded incredible volatility in commodity markets and the gold market did not escape it. Gold looks like this when viewed on a weekly basis:Gold weekly price chart, 4 4 20. stockcharts.comThis is the price chart of an uptrend that remains in place.
Source: Forbes April 04, 2020 20:26 UTC