BITFINEX:BTCUSD Bitcoin / U.S. Dollar
Top chart is USDDNY and below BTCUSD . Using Hollow Candles to Log Scale. Blue verticals correspond to months when both markets had red candles. Signal explained on chart. Can't predict todays outcome but Yuan had the same bad month at the start of this bear market as back in the 2013-14. They were the first actors in at both starts and they may be the first actors out again at the end maybe.
Comment: #bitcoin decided publish this study only because something different or odd happened in this bitcoin price plunge which not happened before. This the fourth plunge. Maybe last two buoyed too much by ETF hype etc. No signals to help with buy or sell here though