1 have 3 chart lines
top is the btc price
middle is the inverted RUBLE/USD chart
bottom is the BTC/RUBLE chart
Everybody is watching the BTC price but don't realize what has happened.
There is usually good opposite correlation between the DXY and BTC. (its like a mirror image) when DXY goes up, BTC goes down and when DXY goes down, a day later the BTC goes up... until a couple months ago. now they are not so related anymore.
When US put sanctions on Russia the price of their dollar the RUBLE dumped hard. since then the price not only recovered but it doubled.. but why
What I found is that since the start of the sanctions, the RUBLE has now been the opposite correlated currency that seems to predict the BTC movements. I think they are controlling the direction
If you see, I have INVERTED the middle chart which is the RUBLE/USD and paired it up with the bottom chart line which is BTC/RUBLE... almost identical.
While BTC has NOT broke that bullish trend to run up for a bull trap yet, the BTC/RUBLE and the RUBLE/USD inverted chart has
top is the btc price
middle is the inverted RUBLE/USD chart
bottom is the BTC/RUBLE chart
Everybody is watching the BTC price but don't realize what has happened.
There is usually good opposite correlation between the DXY and BTC. (its like a mirror image) when DXY goes up, BTC goes down and when DXY goes down, a day later the BTC goes up... until a couple months ago. now they are not so related anymore.
When US put sanctions on Russia the price of their dollar the RUBLE dumped hard. since then the price not only recovered but it doubled.. but why
What I found is that since the start of the sanctions, the RUBLE has now been the opposite correlated currency that seems to predict the BTC movements. I think they are controlling the direction
If you see, I have INVERTED the middle chart which is the RUBLE/USD and paired it up with the bottom chart line which is BTC/RUBLE... almost identical.
While BTC has NOT broke that bullish trend to run up for a bull trap yet, the BTC/RUBLE and the RUBLE/USD inverted chart has
KRJcrypto