Updated below idea to replace BTCUSD with BLX. Thanks owed to Blinderdot for the suggestion.
*Total index market divided by BLX (BTC Index) *Price inverted on log scale to display BTC outperforming total market as uptrend *Price has ended a Wave 2 and formed the common structure before a significant rally *If you ever denied Market-BTC correlation then laugh at yourself
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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.