LuisLizama

BTCUSD still technically driven but w/ correlation with the FED

Long
BITFINEX:BTCUSD   Bitcoin
I believe the next big bull movement will coincide w/ the federal reserve cutting rates if it does occur
BTCUSD is still very technically driven, but will be less so as the market develops over time.
We have seen a strong growth in correlation between central bank decisions and political news on BTC.
A recession will more than likely drive BTCUSDn up, but I believe ALTS will likely benefit more.

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