Long

Interesting correlation: BTC & Global liquidity index

Updated

I suspect central bank activity is affecting the price performance of cryptocurrencies, stocks, the US dollar and the bond market, and I believe that these correlations can be tracked.
Why is the strength of the dollar dropping while the bond market is booming? #BTC

Note

I believe that BTC, ETH and SOL are presenting a buying opportunity and are near support, barring any black swan events that might cause more fear.

Note

This video explains the reason behind this quite well:
youtube.com/watch?v=xb1l1LrVduU

jaggedsoft

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.