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RE: Steemit Crypto Academy Contest S16W1 - Cross-Asset Correlation Analysis

in SteemitCryptoAcademy5 months ago

Oh sorry that your post was skipped because of your club 50 status next time friend try power up at least 50% of your monthly and to avoid being skipped then next time

In general, Correlations between assets tends to increase during bearish market conditions and decrease during bullish market conditions. During a bear market, many assets tend to depreciate in value, which leads to increased correlations as the proves of different assets move in an identical direction.

Yes friend the correlation get further from each other during bearish signal because of the indecision in the crypto market at that time or period in time, and the positive correlation get higher in bullies trend because of the excitement that every investor and trader has whenever the signals

Thanks for going through, please Also comment on my entry through the link below 👇https://steemit.com/hive-108451/@starrchris/eng-esp-steemit-crypto-academy-contest-s16w1-cross-asset-correlation-analysis

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