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A Possible Correlation Between Bitcoin & Dow Jones ?
Bitcoin
A Possible Correlation Between Bitcoin & Dow Jones ?
By UnknownUnicorn34896114
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Oct 27, 2022
1
Oct 27, 2022
After observing carefully, I see that there is a pretty good correlation between bitcoin period 2018 - 2022 and dow jones for the period 1956 - 1961.
And it turns out that the btc-dji correlation is also likely can be applied to some alts. Below are some examples I've tried to correlate.
XRP
to $10
X
XTZ
to $40
R
RUNE
to $90
This post is purely for sharing ideas, not a financial advice
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
correlation
dowjones
Fibonacci Extension
Harmonic Patterns
Trend Analysis
UnknownUnicorn34896114
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