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RE: Comparison Amazon Stock price V/s Bitcoin
Bitcoin is different than Amazon which is an online retail outlet, both just isn't comparable to each other.
Bitcoin is different than Amazon which is an online retail outlet, both just isn't comparable to each other.
What I meant was that Amazon was the initial product of Dotcom i.e. Internet No.1 ... Blockchain is Internet No.2 ... so what was Amazon to Internet No.1... Blockchain Internet Mo.2 to Bitcoin ..this purely a base case for investment and not pure technical analysis ... I have already mentioned an inherent relationship between NASDAQ index and crypto market cap in totality ...when NASDAQ trends lower .. you will some trending down on crypto market cap.....
Technically I track Bitcoin based on Elliot Wave theory chart...it has 5 phases....