Epic_economist

Btc versus the dollar negative correlation

Short
COINBASE:BTCUSD   Bitcoin
The dollar is at multiyear support. Bitcoin is strongly negatively correlated to the dollar. Unless there is a behavioral change in bitcoin as well as the dollar compared to their last 11 years together then the path that they are most likely to follow is the one that I have drawn for you here. It would be irrational to believe the feds narrative and what the media says because the technicals don't lie but people always do.
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