BTC, XLM and XRP correlation brokenIf you can hear me, great!
If not..
I am highliting that there is a decent amount of correlation going on with XRP and XLM, in comparison with BTC.
HOWEVER
As of recent, the correlation seems to have swayed to negative correlation.
Remember, one coin is based on decentralization, and the other/s are based on the polar opposite, on the side of banks...
Also, I said that when BTC corrects to $12-20k, i imagine XRP and XLM will begin a bull run.
Broken
DENIED But still bullish! - Bitcoin BeatsHello, Hello, Hello,
And welcome back, to Bitcoin Beats.
Yes. We got DESTROYED by the Chinese whales. Yes. I WAS bullish yesterday. BUT. I also said NOT to long until we CLOSE the daily candle outside of our resistance line. Because, AND I QUOTE "This could still be a trap here".
So I hope you're all having a great day, we have evidence here that we are more bullish as we haven't even wicked over that resistance line since $14,000 so there is hope and I am still very bullish to get to the next area upwards but this is still a rejection and we could head down from here in the short and medium term. For continuation upwards we need to either consolidate this area or bounce hard from $8500.
Thanks and Goodbye, From Bitcoin Beats