rn0269

Is there a negative correlation between the USD & BTC ?

Long
TVC:DXY   U.S. Dollar Index
Is there a negative correlation between the USD & BTC ?

As investors flee the perceived safety of the USD to
be free of US Hegemony and look towards the future
of " Sound Money " will they reallocate some capital
to BTC which is gold 2.0 ? Will BTC be seen as a flight
to safety to preserve purchasing power by the many ?

YES ....

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.