For every asset you own, it's essential to understand its drivers.
We do this all the time when looking at the components of ETFs and funds and evaluating intermarket correlations, and crypto shouldn't be any different.
As we outlined in yesterday's note, the recently observed increased correlation between Bitcoin and legacy markets is something to be mindful of in the near term.
Volatility in the macro environment is likely to be a headwind for most major crypto assets in the coming weeks.
Article Sales Message
All Star Charts Crypto Members Receive
- Our professional research delivered to your inbox
- High conviction trade ideas to make money
- Full coverage of entry and exit signals across the crypto landscape, including major coins, altcoins, and other tokens
- Video conferences every week
- Alerts to cryptocurrencies before they become mainstream
- Custom indices, correlation, trend strength and relationship analysis
- Access to Rangefinder – our proprietary app for tracking trade ideas in real time (annual members only)
You need to have a subscription to access this content in full.
Log in or
subscribe