BTC PRICE DRIVER
Proven: Yuan falls, Bitcon grows, as Chinese regard BTC as a hedging asset. What happens now:
Yuan devaluation due to
-Chinese economy slowdown
-US trade war with the United States
-Monetary easing (China)
Long-term growth? 🤔
https://i.postimg.cc/8PZD2LF6/Correlation.pngDesided to monitor Chinal economical and political state. Currently backtesting my strategies and take that into account
