Do NOT go past this post.

12 พ.ย. 2019

For the most part, no one understands an ounce of economics. So this post should benefit the general community of TradingView.

The Crypto-currency market is not a rogue, gravity-defying circus act.
The Crypto-currency market is a sub-sector of technology, which is the most dominant driver of GDP for the United States, and the entire planet.

For this reason, the Crypto-currency market tracks US indices, especially technology indices and major technology companies that are heavily diversified, such as Apple, Microsoft, IBM... and the list goes on. The crypto-currency market grows as the technology sector grows, but it happens in more extreme leaps and bounds. We can prove this as the correlation coefficient between the US indices and the Crypto-currency indices averages well above 0.75 and almost always above zero.

This is a significant and undeniable correlation.

Now, notice the strong movement of US indices to all-time highs. This divergence is a trading opportunity.

Also, please like and share as this needs to be better understood by the crypto-currency community.

19 ก.พ. 2021

บันทึกช่วยจำ

As indicated, this was inevitable.