The Bitcoin price reached a bottom on March 13, while oil did so on April 22. Since then, both assets have been moving upwards at a similar pace. While we have previously looked at the correlation between Bitcoin and the S&P 500, we have not done the same for oil. The oil chart was put forth by full-time futures trader @Adammancini4, who stated that the price has been creating a
×

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!