BTCUSD correlation with traditional markets NASDAQ Tech and DOW update

3년 전

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Correlation of traditional markets and BTCUSD -6.54% combined with the actual weakness of traditional markets, which could hold on caused by fundamentals like increasing interest rates, trade wars, loans, Shiller-KGV (like 1928), buy-back programs and more, should drag the BTCUSD -6.54% one step further down to the next resistence, specially if the close is under ~$7500.

This pressure should also have a positive correlation with SBD and Steem and should drag it down it a bit too within the next days.

https://www.tradingview.com/chart/BTCUSD/8yi4AAVL-BTCUSD-correlation-with-tradtional-markets-NASDAQ-Tech-and-DOW/

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