I suspect central bank activity is affecting the price performance of cryptocurrencies, stocks, the US dollar and the bond market, and I believe that these correlations can be tracked.
Why is the strength of the dollar dropping while the bond market is booming?
US10Y #BTC
Why is the strength of the dollar dropping while the bond market is booming?
US10Y #BTCNote
I believe that BTC, ETH and SOL are presenting a buying opportunity and are near support, barring any black swan events that might cause more fear.Note
This video explains the reason behind this quite well:youtube.com/watch?v=xb1l1LrVduU
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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.