Bitcoin VS. The United States Dollar - Why BTC & USD Are Negatively Correlated

In this video we talk about how Bitcoin (BTC) is negatively correlated with the United States Dollar (USD).

We look at both the DXY and BLX charts and compare price action and then talk about some important concepts regarding the dollar.

We mention because assets are often denominated in USD, that means that just about all financial markets have some correlation to the dollar.

We also talk about how our trade deficit influences the strength of the dollar and about both Euro dollar and petro dollar markets and structures.

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As always, stay one move ahead!

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