jurgenvv

BTC correlation with nasdaq during economical turmoil

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
There are periods where the NASDAQ movements align with bitcoin movement. Usually during economical turmoil.
Currently with the corona influence on the traditional markets the alignment has risen to 75% correlation!
In my opinion during times like these we have to take the classic economy into account with our TA!

Comments

could U please adjust Ur crystal ball and post new analysis on btcusd?)
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