I already wrote earlier that digital gold often correlates with classical gold.
The Spearman correlation clearly shows a short-term trend, and although there are moments when there is a discorrelation (red histogram), most of the moments are above 0 in green🟩 values.
💡I would say that it is a good trend that the correlation is increasingly positive because this is one of the main purposes of
BTC to become the new gold and a protective asset
The Spearman correlation clearly shows a short-term trend, and although there are moments when there is a discorrelation (red histogram), most of the moments are above 0 in green🟩 values.
💡I would say that it is a good trend that the correlation is increasingly positive because this is one of the main purposes of
BTC to become the new gold and a protective asset
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🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.