We want to know which direction Bitcoin is headed. To assist with this, it's helpful to have an awareness of the broader stock market and economy, as BTC is a risk asset and has been correlated to the stock market. Here is a tool we can use to analyze things.
Credit to Benjamin Cowen of intothecryptoverse for the indicator.
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Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.
#bitcoin #btc #crypto #cryptocurrency #news #cbbi #blockchain #price
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