đš BTC â ICP Correlation: The Signal Not to Ignore! đ
Today, we observe an almost synchronized movement between $BTC and $ICP :
đč BTC/USDC explodes to $119,497
đč ICP/USDC immediately follows and hits $5.74, its highest in the last 24 hours
đ A simultaneous vertical push on both charts in a 3-minute timeframe!
đ§ What to remember?
The behavior of ICP seems to be mimicking BTC in this bullish phase.
This may indicate an interesting short-term correlation to exploit for scalpers or swing traders.
đ Performance:
BTC: +0.73% today | +27.84% over 90 days | +81.25% over 1 year đȘ
ICP: +2.37% today | +15.45% over 30 days | still lagging over 1 year (-40.06%) âł
đŻ Possible Strategy:
Watch BTC to anticipate ICP movements. If Bitcoin pushes hard, ICP could continue to follow mechanically.