cryptoonchain

Comparing Bitcoin with other financial markets

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has a positive correlation with the US stock market and a negative correlation with the dollar index. US stock market indices have risen over the past few days and the dollar index has fallen. But Bitcoin has not reacted to these changes. If Bitcoin is affected by its correlations, we should see a slight increase in price (local top) in the coming days.

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.