International News
The Correlation of Bitcoin, Gold, Silver and Platinum Prices Recorded the lowest in 7 months.
After the Ukraine-Russia invasion, Bitcoin (BTC) prices are strongly correlated with global stock markets, although commodity prices continue to soar. Most recently, the correlation between BTC and precious metals dropped to a seven-month low since August 2021, according to IntoTheBlock.
“Bitcoin's correlation with gold, silver and platinum is showing its lowest correlation since August 2021.”
In particular, the Sharpe and Sortino ratios show how these commodities are generating better returns as digital assets such as Bitcoin and Ethereum have been volatile over time.
The Sharpe ratio is the ratio used to compare assets. to see which assets have more efficient investment management. which is calculated using volatility as the main variable, which
The Sortino ratio is very popular for aggressive asset classes, especially hedge funds with high-yield investments. This ratio is often used to measure management efficiency. This is calculated using the same volatility as the Sharpe ratio.
🙏Cr. siamblockchain
Quoteimportant support and resistance
44710.71 Resistance
41699.41 Resistance
395797.09 Resistance
26929.94 Support
Technical Comments 💬
💻RSI uptrend
After the downtrend tested the 37154.09 line, there was a strong buy back until the price was able to test the 39597.09 line. If the price can break the 39597.09 line, it tends to go up to test the 41699.41 line and may go up to test the 44710.71 line.
investment options 💭💭
- Wait for the price to break 39597.09, find a rhythm to buy 📈
❗ This is just a personal opinion. may be profit and loss
investment is risky Investors should study the information before making an investment decision.
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