A simple idea:
The Bitcoin price trend has clearly weakened, as you can see in the image above, the upward waves are getting weaker (the angle of the blue lines is getting smaller).
The price is moving in a curved channel and has the potential to reach $30,000.
Above you can see the Bitcoin to Ethereum ratio chart. Ratio analysis between two or more symbols is a critical method for comparing the strength and weakness of assets relative to each other. TradingView offers basic capabilities for this task, but with the help of artificial intelligence (AI) and custom scripts, much more advanced and creative analyses can...
First, can you tell me what you think the relationship between these two curves is? Clearly, these two curves have a strong negative correlation, meaning they move exactly opposite to each other. You can see in the image that their behavior is like a mirror image (from 2007 to before 2022).
You are familiar with the gold-to-copper ratio, right? Now, when this...
