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BTC's DAA Leading the Way

Created 19.05.2020

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.

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bitcoin icon
3

Bitcoin has decoupled from the S&P over the past three weeks after closely correlating in the weeks following Black Thursday. As...

Insight
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4
TEST NAMING Changed 2

Created 19.05.2020

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.

Chart
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2
5
авава

Created 19.05.2020

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.

Chart
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