leo6

usd/cny is very revealing when it comes to BTC

FX_IDC:CNYUSD   CHINESE YUAN / U.S. DOLLAR
i dont know what this means, but someone who trades Forex will see the correlation here and see were going towards a (profitable, either +/- divergence). these "fiat" currencies play a role in btc/usd (just as the yuan depreciated, btc rised, what do people buy when dollar deprecates to secure their wealth? what do smart* adjusted to the environment were in do i should say.
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