LTC/BTC compared to BTC/USD
Could we get something similar to the green boxes in the next bitcoin bubble?
In the past here has been a strong move down in ratio that precedes the big rise...which possibly represents the lag of people first riding the BTC/USD wave, then liquidity from profits taken there flows into LTC/USD which is much more prone to huge swings in volatility and easier to rise % wise. Interestingly enough, in the third rectangle which represents the LTC Halving, there was no dip before the rise first, which possibly represents that in this instance LTC initially sparked the rally in both markets.
In the past here has been a strong move down in ratio that precedes the big rise...which possibly represents the lag of people first riding the BTC/USD wave, then liquidity from profits taken there flows into LTC/USD which is much more prone to huge swings in volatility and easier to rise % wise. Interestingly enough, in the third rectangle which represents the LTC Halving, there was no dip before the rise first, which possibly represents that in this instance LTC initially sparked the rally in both markets.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.