Bitcoin

Someone is lying...

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BTCUSD vs SPX performance, MAR-OCT 2024

Explanation: both BTC and SPX are risk-on category assets. Hence, according to the general rule, their performance should correlate. When their performance is not correlating, it can be seen as: a. an option of aquiring an under'performing asset, expecting additional profit b. a signal to a potential pivot of a neighbouring asset.

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