🥇DID YOU KNOW THAT BITCOIN IS INFLUENCED BY THE AMERICAN MARKETS?

Hello, I am 27 years old,

I am a professional and I wrote a paper

where I was able to realize some

relationships between the most representative markets:

🤑In periods of high volatility, bitcoin has a positive correlation with SPX, NASDAQ, and Dow Jones.

🥶In periods of low volatility and calm in the markets, there is little to no correlation of BTC with the mentioned indices.

🎅Bitcoin is generally seen as a speculative asset, but it is evident that it is also used as a reserve asset.

🤝The R^2 that these relationships reach is approximately 8% for the investigated periods (2022-2024).

🤙I will read you in the comments:

How do you use BTC?

Do you trust American stock indices?

#BTC #SPX #Correlation #trading #ResearchBeforeInvesting