News
But this cloud has a silver lining. Check out these charts: Look closely at the correlation, and then look at what the price of Bitcoin is doing at times when the correlation is at its lowest.
On Jan. 20, Bitcoin ... charts from these two different market cycles, they would look remarkably similar. And I mean, remarkably similar. Earlier in the year, there was a 92% statistical ...
On May 22, Bitcoin (CRYPTO: BTC) hit a new all-time high of nearly $112,000. With a total market cap of $2.2 trillion, it now ...
BTC/USD, 1-month chart. Source: Cointelegraph However, Bitcoin’s growing correlation with the Nasdaq 100 signals more sensitivity to economic data, according to Jag Kooner, head of derivatives ...
ETF flow data shows three consecutive days of net outflows for Bitcoin as correlation with Nasdaq grows ... An accompanying chart (above) shows Bitcoin’s realized market cap with the combined ...
If Bitcoin resumes its correlation with the lagging 2017 cycle, the historical precedent suggests that Bitcoin could soon recover from the current correction, and a sharp upward move could follow.
To the general populace, bitcoin is considered a risk-on asset due to its volatility and perceived correlation with U.S. equities. In 2024, bitcoin and nasdaq have gone up or down together on the ...
the correlation between Strategy and Bitcoin prices has almost completely broken down. For that reason, I’m moving to a hold rating on Strategy. Let’s dig in. We’ll begin with the chart as ...
Bitcoin is now down 22% from its all-time high in January, triggering intense debate about where it's headed next. Bitcoin typically follows four-year market cycles, so many market analysts are ...
Looking at TradingView data, on a 30-day correlation ... bitcoin rise while the Nasdaq has fallen. This may be a small sample size, but it is something to keep an eye on. Fidelity data shows two ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results