Is PIVX a hedge against an upcoming BTC top or downtrend?
Hi guys, I noticed that everytime when Bitcoin is starting to show signs of weakness(Top), or has an immenent sell off, PiVX is moving upwards. On May 25 when Bitcoin hit his high around 2800$ - PIVX started an amazing move upward from around 0,70$ to 1,70$.
I think right now with Bitcoin getting close to almost 3000$, PIVX is showing again signs of strength. Could this be a next move upward for PIVX an a sudden sell off for Bitcoin?
What do you think?
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