ETH Macro Cycle - A very interesting chart I made in 2020 last year., so far it's held up well. I personally believe this diagonal trend line is fairly important for the ETH market. I also believe we're in the 5th wave of this macro move that has been in the making since 2015. If you look really closely, you'll see that the diagonal line has served as major...
The correlation coefficient between gold futures and Bitcoin started out negative for a few years, but after Feb '14 they began to move together. BTC and gold have now been in a five year cycle where the correlation will jump to +72, then drop to a higher low, then up to +72 again, over and over. It seems reasonable that the correlation could soon become stronger...
