Post
Topic
Board Trading Discussion
Correlations are decreasing - what does it mean?
by
bene_gesserit
on 29/08/2018, 18:35:03 UTC
BTC Hi there,
I'm quite new to crypto trading. I've seen that the correlation between Bitcoin and altcoins seems to follow some sort of cycles:
https://enroyd.com/BTC_Correlations/
https://enroyd.com/Correlations/

I was wondering if a decreasing correlation could be indicative of a BTC rally. Do you think this makes sense? Would you swap alt for BTC when the correlation coefficients go down? Does anybody have any experience with this?

Thanks!
Bene  Roll Eyes