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taiwandan / Taiwandan
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2023-02-19 00:35:23

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.
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