Bitstar2

06/23 05:42

$BCH decouples from Bitcoin $BCH has broken away f

$BCH decouples from Bitcoin $BCH has broken away from Bitcoin, with the 20-day correlation coefficient sliding to 0.24 after holding near 1.0 through much of May and early June. That reading marks a weak positive link rather than the near-lockstep movement of prior weeks; the two assets have largely stopped trading in tandem, though they are not yet moving inversely. Source: TradingView The breakdown matters because $BCH has fallen hard, dropping from above $600 late last year to around $200. If the de-correlation holds while Bitcoin trades sideways or rallies, $BCH could extend its slide on its own, or the relationship could snap back. For now, the prospect of a short-term $BCH decline remains in place, leaving the asset exposed to further downside.#HTX Creation Challenge — Post and Win 1,500U 💥 #World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs

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