Ahmadu Sabo
@ahmadad
As Bitcoin’s next move remains uncertain, what past trends suggest Price movement patterns often repeat themselves, which aids in predicting future prices of assets like Bitcoin [BTC] and other cryptocurrencies. Analyzing the BTC/USD and DXY charts alongside their correlation coefficient revealed a key pattern — when BTC’s monthly correlation with DXY shifts from positive, it signals a major move, but the direction is not certain. Historically, this has led Bitcoin to the final leg of a bull run 75% of the time or a drop during a bear market 25% of the time.
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