While most say that BTC and the stock market have no connection at all, we have been shown over and over that there is something interesting there.
We can see on this chart that both the strong downturn lower in both markets mirrored each other and today's rally in stocks was yet again mirrored in crypto markets.
Whether basing trades off of the movements of one on the other isn't recommended, the correlation is there and it is something to keep an eye on.
Cheers!
We can see on this chart that both the strong downturn lower in both markets mirrored each other and today's rally in stocks was yet again mirrored in crypto markets.
Whether basing trades off of the movements of one on the other isn't recommended, the correlation is there and it is something to keep an eye on.
Cheers!
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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.
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.