We' re examining a correlation between BTC and US10Y
1. taking into account negative correlation between BTC and US10Y past 2 months, IF US10Y rejects at weekly resistance with doji candle, we'll see pump in BTC.
2. Considering that US10Y has broken multi months trendline and after retest will continue it's pump and it is a leading indictor ahead 1-2 months, we'll see BTC pump as well.
3. But if US10Y continues pump and negative correlation stays between them, after retest/short term BTC pump>retest 28K and maybe 35-36K / we'll see further drop in BTC
1. taking into account negative correlation between BTC and US10Y past 2 months, IF US10Y rejects at weekly resistance with doji candle, we'll see pump in BTC.
2. Considering that US10Y has broken multi months trendline and after retest will continue it's pump and it is a leading indictor ahead 1-2 months, we'll see BTC pump as well.
3. But if US10Y continues pump and negative correlation stays between them, after retest/short term BTC pump>retest 28K and maybe 35-36K / we'll see further drop in BTC
Forex, Stock market and cryptocurrency trader with 7 years + experience. I’m also investor and cryptocurrency consultant.
t.me/erocryptotradingchannel
t.me/erocryptotradingchannel
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Forex, Stock market and cryptocurrency trader with 7 years + experience. I’m also investor and cryptocurrency consultant.
t.me/erocryptotradingchannel
t.me/erocryptotradingchannel
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。