BTC mimics MSCI Emerging Markets Curr Index / US Dollar Index.
The similarity is visible! Bitcoin price is the green line.
Thanks to my friend enginsavas for this idea
The similarity is visible! Bitcoin price is the green line.
Thanks to my friend enginsavas for this idea
Note
See the definition of the indices:en.wikipedia.org/wiki/Emerging_markets
en.wikipedia.org/wiki/U.S._Dollar_Index
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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.
