Tes't - BTC's DAA Leading the Way

Bitcoin has decoupled from the S&P over the past three weeks after closely correlating in the weeks following Black Thursday. As of 4/30, BTC has climbed while the S&P has flattened out. Bitcoin's rising DAA was a good validation at this time, but now we need to watch for a bearish divergence forming if this metric continues to decline.

Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!

0

Conversations (0)

No comments yet
Be the first to comment