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Wade John-Beckett

Correct me if I'm wrong, but my guess is that

Monero is dipping because of the Bitcoin rally?

Monero holders potentially exchanging for Bitcoin during the rally and will buy again as Bitcoin levels off?

Essentially Monero is on sale, and the moment Bitcoin levels the price of Monero will spike again?

#cryptocurrency #english #xmr
0

9 ответов

24 просмотра
Jd-

Nope. The 3 months correlation between Bitcoin and Monero is 0.7. It is a very strong correlation. The current dip is due to delisting rumours. It will dippity dip once monero gets officially kicked out of Binance.

0
11 месяцев назад
Jd-
Jack Ma
doubt

You doubt the correlation?

0
11 месяцев назад
Jack-Ma
Jd
You doubt the correlation?

doubt it's going to dip once xmr delists

0
11 месяцев назад
Jd-
Jack Ma
doubt it's going to dip once xmr delists

I think it will be a falling knife. What makes you think otherwise?

0
11 месяцев назад
Jack-Ma
Jd
I think it will be a falling knife. What makes you...

whole market sitting at 2x and higher from lows, we sitting at lows rn after a small pump to 175

0
11 месяцев назад
Nik-

delisting news near 0.0037 support ; stop loss triggers sells , weak hands; bunch of things ; its not a doomsday we have seen worse price action

0
11 месяцев назад
Jack-Ma
Nik
delisting news near 0.0037 support ; stop loss tri...

short term price action is irrelevant, what we deliver is what is important

0
11 месяцев назад
Nik-
Jack Ma
short term price action is irrelevant, what we del...

you want real truth ? see xmrbtc since bitman was shown the door

0
11 месяцев назад

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