USOIL/BTC ratio could be a useful indicator of Bitcoin cycle bottoms.
This is made with TradingView curves, so it might be meaningless. It would be more meaningful with a curve made with regression analysis and an equation with an R^2 value. If a real relationship exists then this ratio indicates that Bitcoin is close to a bottom and the beginning of another macro bull cycle.
This is made with TradingView curves, so it might be meaningless. It would be more meaningful with a curve made with regression analysis and an equation with an R^2 value. If a real relationship exists then this ratio indicates that Bitcoin is close to a bottom and the beginning of another macro bull cycle.
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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.
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.