Bitcoin versus VIX shows a significant, but inverse correlation
...... adding to my previous post on Bitcoin versus Tesla, I want to share with you this chart:
Bitcoin versus VIX, which is inverse correlated in its cycles. What is interesting here is the early change in trend towards the new cycle movement of VIX. Especially in these drastic price movements, it would have been a good indicator for the price prediction in Bitcoin .....
Bitcoin versus VIX, which is inverse correlated in its cycles. What is interesting here is the early change in trend towards the new cycle movement of VIX. Especially in these drastic price movements, it would have been a good indicator for the price prediction in Bitcoin .....
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