Description
⋅ This pair has been moving inverse to Bitcoin but now it seems to be moving together with Bitcoin... This is a big change.
When the dynamic of some pairs changes, this can signal that the overall market dynamic is changing as well or is about to change.
✔️ TRXBTC while in the bearish cycle moved inverse to Bitcoin.
✔️ TRXBTC now changing to become correlated with Bitcoin.
Can this tells us that Bitcoin is now entering a bullish phase?
Possibly.
We will have to wait and see but since the 1st of February, something changed.
The signal has been noted.
Namaste.