MonkApe

The Positive Correlation between BTC and US10Y

TVC:US10Y   US Government Bonds 10 YR Yield
BTCUSD

US10Y

The chart shows the strong correlation...

The price chart of BTC does not seem good maybe but the US10Y chart has shown a retest on the trend line and 618 fib correction.

Just for your information to evaluate the positions...
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.