Pine_Academy

CORRELATION STUDY BETWEEN CHINA 50 INDEX AND BTC/USD

Education
OANDA:CN50USD   China A50
we can see how the two markets are related simply by placing them on a single chart.

then we can try to determine what would be the most likely cause(s) for the evident correlation.

there is the common factor of the US dollar index both in terms of CHINA 50 given in terms of USD as well as in the base currency of BTC, the US Dollar.

F. Normandeau
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.