taiwandan on Nostr: #Bitcoin’s beta to the dollar (DXY)over short to medium term implies a roughly -5x ...
#Bitcoin’s beta to the dollar (DXY)over short to medium term implies a roughly -5x move vs DXY. If Bitcoin outperforms this on a daily basis (up >5x when DXY down or down <5x when dollar up) this may prove to be a valuable indicator to gauge near term momentum. Worth doing some work on this.
Published at
2023-02-19 00:35:23Event JSON
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"content": "#Bitcoin’s beta to the dollar (DXY)over short to medium term implies a roughly -5x move vs DXY. If Bitcoin outperforms this on a daily basis (up \u003e5x when DXY down or down \u003c5x when dollar up) this may prove to be a valuable indicator to gauge near term momentum. Worth doing some work on this.",
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