Post
Topic
Board Trading Discussion
Re: Correlations are decreasing - what does it mean?
by
Tankdestroyer
on 29/08/2018, 21:06:06 UTC
A decreasing correlation IMO is not a good indicator for a rally. In fact, most of the traders don't even pay attention to correlation coefficients. Most of them focus on determining the current market sentiment(which I believe is biased on the site you have linked OP) and news. Even if correlation coefficients go down, I would not swap my altcoin portfolio to bitcoin unless I see it profitable to do so.