YUAN - USD, Correlation with Bitcoin

3 ต.ค.

A part from 2019 when monetary conditions were actually similar to today (FED first cut), the chinese Yuan and USD chart has been a good indicator for BTC/Crypto price action.

Pray that this time things are going in the right direction, with the USD losing purchasing power, China printing, and Crypto moving towards its final leg up.

I am still bullish for Q4, the latest Q1 next year.