All correlations go to 1.
It's interesting how when the market is pumping, we generally see leaders and laggards among $BTC and the majors, but once the music stops, everything just shits the bed instantly and together.
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Reminds me of the good old days
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There is a little known nuclear button on exchanges which only whales have access to Once pressed, all whale positions exit at market
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Hidden orders are real problem of trading market today I think. People don’t have complete information of orders volumes in the depth of market, so they can't analyze the actual number of orders for purchase or sale and can't make correct price prediction!
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$btc is the dog walker. Each individual market within the ecosystem is leashed to it. A dog can only venture away on a leash for so long before the walker pulls the leash to check the dog and keep it close. Ultimately these markets are tied to bitcoin IMO.Thanks. Twitter will use this to make your timeline better. UndoUndo
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I dont think it is that interesting. BTC is the boss and it is leading the market. And when it goes up there is confidence in the market and alts go up as well. Some go up more than btc some go up less than btc I think that is pretty random.
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And when BTC dumps market confidence goes away and alts dump even more. IMO just shows how worthless alts are and that all alts are just speculation.
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But nothing more than the STINK
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