AS you can see this the chart of bitcoin compared to Dow Jones Industrial Average it is simply calculated by dividing bitcoin price by DJI it gives us a imaginary market where bitcoin is base asset and DJI is quote asset and should be written like this: BTCDJI
this is really interesting chart to me. the most interesting chart is that in recent 12 days bitcoin is outperforming us stock market.
if bitcoin manages to break 0.36 level on this market decisively it may signal the fact that bitcoin is starting to be not correlated to stock market.
this is a theoretical look at two markets. do not trade based on this.
i love to have your comments on this amazing chart
this is really interesting chart to me. the most interesting chart is that in recent 12 days bitcoin is outperforming us stock market.
if bitcoin manages to break 0.36 level on this market decisively it may signal the fact that bitcoin is starting to be not correlated to stock market.
this is a theoretical look at two markets. do not trade based on this.
i love to have your comments on this amazing chart
Major Resistance: 0.36