Very interesting video, djthistle on twitter is another guy that has mentioned this correlation.
So yes at the moment it seems bitcoin is moving in correlation with the stock markets. So any crypto peep that says they want to see the stock market crash has clearly not seen this.
We currently need the stock markets to keep on pumping for bitcoin to keep pumping.
Of course alts are currently correlated to bitcoin doing well, so same for them at the moment. Find out more about the current bitcoin to altcoin correlation here https://cointrading.ninja/correlation
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Thanks for the technical analysis information @conformity
Very interesting video, djthistle on twitter is another guy that has mentioned this correlation.
So yes at the moment it seems bitcoin is moving in correlation with the stock markets. So any crypto peep that says they want to see the stock market crash has clearly not seen this.
We currently need the stock markets to keep on pumping for bitcoin to keep pumping.
Of course alts are currently correlated to bitcoin doing well, so same for them at the moment. Find out more about the current bitcoin to altcoin correlation here https://cointrading.ninja/correlation