A Possible Correlation Between Bitcoin & Dow Jones ?
After observing carefully, I see that there is a pretty good correlation between bitcoin period 2018 - 2022 and dow jones for the period 1956 - 1961.
And it turns out that the btc-dji correlation is also likely can be applied to some alts. Below are some examples I've tried to correlate.
XRP to $10
XXTZ to $40
RUNE to $90
This post is purely for sharing ideas, not a financial advice
And it turns out that the btc-dji correlation is also likely can be applied to some alts. Below are some examples I've tried to correlate.
XRP to $10XXTZ to $40
RUNE to $90This post is purely for sharing ideas, not a financial advice
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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.