UnknownUnicorn17656915

BTC:BX Comparison on the Weekly

BITSTAMP:BTCUSD   Bitcoin
People always talk about the correlation between BTC and the stock market.
Looking over the charts this week I noticed a similar lineup on the MACD structure for BTC & BX on the weekly.
So, I thought I'd take a look at how the charts look on the weekly as well.
Not sure what to make of it, but it's interesting.

Interesting look at these two charts.

BTC weekly MACD

BX weekly MACD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.