🔥 30 day BTC-ETH correlation dropped to 2,5 year lows! by resiliencia

hive-126009 · @resiliencia · Aug 5 '20

$10.87

🔥 30 day BTC-ETH correlation dropped to 2,5 year lows!

Hello!

Today I was doing some research and I stopped in front of a chart that I find really interesting. 

I recommend you to follow the twitter accounts of [@ARKInvest](https://twitter.com/ARKInvest) which is an Investment advisor focused solely on #disruptive #innovation. And also Yassine, a crypto analyst from ARK that shares valuable information about crypto, [@yassineARK](https://twitter.com/yassineARK).  

Here is the GEM. The chart compares the BTC/ETH 30-day Correlation vs the Market cap of BTC and ETH combined. As you can see, we didn't have this ratio since late 2017. This is about 2.5 years ago, where the bull run started.

![image.png](https://files.peakd.com/file/peakd-hive/resiliencia/p34mKhaP-image.png)
[source](https://twitter.com/yassineARK/status/1289262369403596801?s=20)

I know that if you look enough you will be able to find the same amount of bullish/bearish information over there. However I think this ratio is something to consider. Specially this times where there are huge amounts of money waiting in stablecoins for the bull market confirmation.

Bitcoin is approaching the 12,000$ mark, while Ethereum is at 400$. We have seen a huge pump for the king and queen of cryptocurrencies. Do you think we are going to see a major bull run from here?

I don't fucking know what to think, but I still have some cash ready if the hated bears take control of the situation again.




Enjoy! 😊

<hr> 

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properties (23)vote details (362)

voter	rshares	pct
tombstone	54,955,367,587	2.7%
onealfa	97,080,146,318	5%
kingscrown	3,274,371,474,950	40%
kevinwong	1,276,219,620,329	15%
kaylinart	21,856,869,256	15%
trevonjb	1,461,718,412	30%
gerber	194,592,670,937	3%
ezzy	229,677,131,223	3%
mrwang	5,086,857,886	7.5%
sinzzer	19,571,419,482	30%
exyle	228,046,855,310	3%
arconite	5,352,166,148	7.5%
happyphoenix	23,400,543,529	30%
webdeals	399,736,528,500	30%
randomblock1	1,950,589,041	15%
bert0	1,993,450,402	0.4%
theb0red1	31,134,613,651	30%
rangertx	81,421,231,600	30%
jungleonion	37,892,085,612	30%
mikehere	5,886,931,540	30%
team101	21,966,474,869	30%
justyy	174,667,778,723	20%
rymlen	18,793,654,435	30%
bigtakosensei	12,870,114,891	30%
timothyb	20,508,753,288	30%
automaton	5,535,996,456	100%
elizacheng	54,549,196,037	30%
hattaarshavin	16,902,888,391	30%
sixexgames	1,540,384,600	15%
intrepidthinker	121,851,297,326	30%
pouchon	796,667,989,622	30%
sharkface	235,409,536,210	30%
numpypython	1,688,246,845	30%
chasmic-cosm	22,782,442,831	100%
sames	20,235,692,750	30%
linakay	150,279,734,575	30%
dune69	12,038,008,707	3%
dolphinstudios	32,983,122,215	30%
pwny	29,987,853,355	30%
thelordsfinest	2,489,530,725	30%
papadimos	1,301,521,335	10%
holm	584,409,306,496	30%
stackin	8,900,620,451	15%
world-travel-pro	108,419,646,860	30%
bitrocker2020	355,209,701,041	30%
cacalillos	103,245,246,030	100%
btcvenom	981,584,442,469	30%
tj4real	86,138,987,518	30%
mys	646,860,894	0.3%
reloadbeatbox	6,397,129,100	30%
roncoejr	7,594,075,267	30%
kisom1	583,888,389	30%
gingerninja	1,871,803,134	10%
hotsauceislethal	3,805,764,847	30%
moemanmoesly	13,099,245,408	30%
kenanqhd	94,215,969,458	30%
d-pend	829,935,605	0.03%
mcoinz79	1,493,902,353	1%
toofasteddie	247,327,806,844	60%
akomoajong	2,529,562,818	30%
shitsignals	1,220,337,731	3%
madstacks	2,331,472,604	30%
bambukah	3,712,600,371	50%
phelimint	14,281,185,104	30%
resiliencia	743,542,738,022	100%
vidafitnessfeliz	4,806,749,810	100%
sevillaespino	129,442,520,986	30%
syedumair	46,654,269,229	5%
otage	204,482,675,051	30%
aaronleang	30,544,633,237	30%
aftabkhan10	19,634,137,128	30%
cflclosers	13,568,348,605	30%
aferrell	1,067,737,969	30%
felander	15,735,435,580	3%
kimzwarch	9,070,171,709	4%
bboyady	5,098,392,700	30%
niallon11	97,838,688,377	10%
nurhayati	667,544,733	15%
bradfordtennyson	9,555,144,186	15%
fbslo	576,864,449	0.15%
accelerator	44,305,022,643	5%
chimzycash	20,258,135,292	30%
vlemon	1,584,548,747,012	90%
yogacoach	1,353,135,523	1.5%
veenang	1,686,747,877	4.5%
davidke20	65,014,163,603	30%
roleerob	2,149,417,388	0.3%
deathwing	3,218,493,953	3%
plantstoplanks	17,316,877,485	8%
zord189	52,189,723,055	30%
harpreetmaan	1,291,436,161	25.5%
nanastraybutt	969,579,572	30%
josediccus	53,212,457,503	11%
jaforce	12,575,278,282	30%
globetrottergcc	902,747,726	5%
caladan	10,593,023,940	3%
dbooster	13,009,875,719	30%
michaeljn	117,941,521,558	30%
notimetospace	3,771,971,624	30%
drags	923,750,205	15%
myach	70,021,854,697	30%
mrhill	8,030,689,582	40%
tworealsolutions	13,503,793,449	30%
mattroconnor	8,344,137,566	30%
thegossip	10,760,930,748	100%
emrebeyler	58,026,833,016	3%
beiker	8,674,830,641	100%
xabi	49,447,809,538	30%
gtrussi	11,020,883,933	50%
chekohler	23,067,538,986	10%
mytechtrail	65,720,289,346	25%
elderson	2,777,852,453	30%
joannewong	60,653,801,332	30%
syedubair	12,581,165,086	30%
soluce07	2,480,477,017	50%
lemon-shot	9,733,282,333	80%
marc5	3,276,267,585	100%
daltono	200,534,542,731	30%
zpzn	11,117,985,962	30%
slacktmusic	4,200,430,379	30%
mmmmkkkk311	280,848,581,948	3.5%
gandhibaba	108,716,681,584	30%
nealmcspadden	48,896,422,335	3%
culgin	28,762,708,367	20%
purefood	47,561,438,094	3%
enmaart	35,340,367,577	30%
lauriki	1,394,606,436	50%
ikrahch	109,497,137,479	30%
badmusgreene	112,598,073,518	30%
sanach	11,407,802,852	30%
richgang	2,014,039,768	30%
jlordc	31,754,570,268	30%
upfundme	2,794,182,686	4.5%
numberofthingz	960,257,958,607	30%
ericburgoyne	2,510,660,381	25%
moeenali	60,989,213,702	30%
mamun123456	18,410,186,767	30%
funkymunky20000	8,186,282,783	30%
mightyjoenolan	2,952,811,004	100%
pizzapai	8,788,951,739	30%
russellstockley	4,451,937,775	25%
runningproject	17,396,851,681	40%
damajicman3	853,883,881	30%
robomode	1,345,400,152	30%
homeginkit	2,265,499,642	100%
makingthebest09	1,851,035,474	30%
randumb	18,860,089,270	30%
wanaf	2,805,978,351	30%
wrecktangle27	910,281,570	30%
babarakas43	30,943,805,585	30%
rativiv	852,192,795	30%
nickychu	18,070,218,204	30%
peerzadazeeshan	12,527,510,919	30%
amico	68,090,786,066	4.4%
josevas217	666,031,107	0.32%
greendeliverence	12,101,958,530	30%
bestboom	12,180,528,972	3%
truce	89,798,206,042	30%
hypersonic1	124,699,825,988	30%
rawn	24,362,198,299	30%
mimidee74	6,546,313,559	30%
koenau	25,191,766,932	15%
thomasbrown	40,770,534,494	30%
pg-live-pt	7,803,558,476	30%
dorian-lee	7,934,064,107	100%
demondantv	22,914,114,089	30%
yameen	56,819,215,311	30%
run.vince.run	5,211,296,922	20%
freddio	12,383,491,905	15%
pasie15	24,830,742,133	30%
blainjones	876,177,397	4.5%
headcrypto	4,536,710,803	30%
tiket	12,214,955,347	30%
ospro	1,525,992,395	30%
payroll	143,673,021,242	2%
cryptokannon	21,211,949,431	30%
chinyerevivian	23,702,598,437	30%
cubby	643,131,137	30%
lordgod	1,871,009,204	30%
sbi3	225,255,081,770	18.56%
softmetal	3,985,489,984	30%
coolbot	6,537,619,622	30%
rightwing670	62,503,227,962	30%
ragnar94	5,824,021,712	30%
amahovac93	103,857,781,233	30%
archisteem	2,541,339,003	7.5%
steemxp	16,925,162,444	30%
lagtv	675,278,913	30%
melissaofficial	18,266,374,119	30%
byebyehamburgers	15,038,188,131	30%
swisswitness	1,721,373,924	3%
moneybaby	814,785,484	2.5%
agathusia	827,100,653	100%
steemian258	1,280,336,582	15%
nattybongo	104,889,764,679	30%
steemulant	691,445,441	33.13%
fabrik	870,465,508	30%
emsonic	23,223,793,639	30%
lilzmom902	9,738,890,330	30%
ireenchew	144,199,339,126	30%
dalz	5,310,123,602	1.5%
jluvs2fly	56,794,176,992	30%
alexran	1,507,308,829	30%
minnowspeed	6,146,944,821	50%
lilcryptita	948,943,016	30%
dlike	36,651,812,974	3%
master1992	1,437,240,197	30%
voxmortis	580,043,902	0.25%
justinchicken	4,603,972,320	30%
theexcelclub	68,035,657,982	30%
maeusenews	11,736,407,641	30%
cryptohodlgroup	64,158,611,018	30%
hiatus	13,030,014,693	30%
torrey.blog	45,360,698,046	25%
pixiepost	5,935,748,753	12.5%
bobby.madagascar	1,177,433,132	0.75%
laissez-faire	45,231,912	100%
ticket4fun	2,838,970,645	100%
moderncraft	554,178,641	15%
marfonso	604,932,906,650	30%
pocketjs	177,401,438	33.13%
tangela	801,023,620	15%
cryptoxicate	19,677,502,253	30%
jimbi	17,930,193,956	30%
craignow	340,981,409,632	30%
sasaadrian	14,432,151,279	20%
cwow2	1,236,240,228,486	100%
followjohngalt	16,147,448,738	3%
glastar	398,941,699,917	30%
bettervision	263,990,790	15%
theestateof.mind	30,150,938,282	30%
nworb	16,525,635,744	30%
ketcom	413,391,998,624	30%
ferrate	18,696,868,600	30%
bittrio	6,438,141,433	30%
steemturbo	3,217,064,920	30%
cgbernardo	953,484,704	30%
steemegg	2,946,846,581	7.5%
cryptovues	16,440,898,814	30%
muskan-haider	24,051,306,333	30%
permaculturedude	1,122,760,088	3%
e-r-k-a-n	23,393,660,186	30%
idiosyncratic1	13,711,556,918	100%
snuff1	903,548,217	30%
eternalsuccess	12,512,423,996	15%
maskuncoro	1,538,409,396	30%
trueexpressions	563,779,669	30%
tulwave	11,519,400,743	30%
brada2550	1,751,588,176	30%
paleotwist	7,718,053,227	30%
yff	19,884,084	10%
cecilian	2,241,003,944	30%
hans001	8,248,013,126	30%
jlordz	1,468,165,077	30%
c4cristi3	11,275,777,938	30%
foreversteem	2,533,722,936	30%
ano123	196,567,306,434	30%
gharrington44	1,203,887,776	30%
cryptofiloz	26,491,181,305	12.5%
q-news	2,338,172,423	30%
potence	653,004,172	30%
jackramsey	5,286,817,084	25.5%
coreyssteemit77	3,364,094,980	30%
mfblack	2,827,134,508	2.85%
backscratcher	11,943,119,062	30%
x-tech	9,742,125,893	30%
red-devils	1,106,547,269	30%
thecryptolink	668,144,174	30%
moro1992	2,430,374,263	30%
xyzxyz	12,565,631,158	30%
canercanbolat	883,571,044	100%
haxxdump	20,716,235	10%
evanstinger	19,743,360,538	30%
ookii	16,847,355,584	30%
octalmage	23,107,430,501	30%
erectus	354,640,135	70%
oxoskva	1,020,345,244	100%
queengaga	14,473,976,846	30%
map10k	3,834,636,101	25%
aekraj	22,799,005,096	30%
worldhelper	26,547,590,442	95%
milu-the-dog	1,240,758,634	3%
h-hamilton	41,173,748,398	30%
triplea.bot	1,045,321,386	3%
steem.leo	78,679,955,827	3%
mindtrap-leo	39,480,505	4.3%
onealfa.leo	93,814,647,802	10%
empoderat	4,251,010,047	100%
vxc.leo	0	8.6%
freddio.sport	3,547,523,222	15%
supremebape	53,554,408,079	30%
kryptoking1	14,868,171,097	30%
asteroids	3,559,785,123	2.7%
atyh	5,485,363,802	30%
maddogmike	3,954,034,089	25%
dropthatcode	9,322,863,555	30%
thranax	20,046,824,386	12%
sbi-tokens	856,738,800	2.3%
steemer-sayu907	117,262,390,604	30%
drlobes	2,839,039,658	15%
elianaicgomes	1,099,865,174	12.5%
tomhall.leo	316,418,379	100%
tomhall.pal	288,006,618	100%
maxuvd	20,480,310,763	6%
korver	1,767,149,212	50%
deflacion	986,752,285	9.9%
dhanagc	2,125,961,595	30%
naej	5,796,887,143	30%
tonimontana.leo	153,672,556	4.3%
tonimontana.neo	9,429,314	1.51%
enison1	6,040,887,376	100%
sandymeyer	2,337,300,035	1%
silence-speaks	3,255,324,618	30%
chibex	448,296,169	30%
umair-appics	1,181,673,375	30%
empoderat.leo	307,705,314	100%
ribary	948,113,032	1.5%
toni.pal	0	1.58%
leadericarus	0	100%
joy-only-joy	739,346,278	30%
photosnap	12,010,378,911	30%
lbebagz	3,476,156,348	30%
reksnek	0	30%
mice-k	12,895,368,012	3%
platino94	47,107,703,898	100%
sandyo	951,143,278	30%
steemcityrewards	316,719,520	3%
dpend.active	929,011,614	0.6%
sgerhart	19,299,952,918	100%
iamalisha	47,709,547,995	30%
romiz.amin	1,136,579,215	30%
thepeakstudio	14,621,402,619	25%
jskitty	178,049,348,088	100%
yuurinbee-znz	10,575,661,051	17%
imfarhad	8,171,216,559	100%
mynima	3,099,765,989	80%
bobodan	59,817,150,384	30%
f0x-society	2,386,114,848	50%
cryptolemon2	1,141,610,381	100%
hivexperiment	888,190,754	100%
blackgeek	12,491,797,129	30%
hodlcommunity	3,548,143,286,451	100%
hodl-fund	9,669,718,657	100%
dcityrewards	95,789,418,102	3%
hivelist	2,438,790,635	1.5%
defi.campus	60,871,786,131	50%
rihc94	11,685,131,445	25%
djsl82	1,713,764,969	12.5%
hivehustlers	491,172,363,612	50%
nautilus-up	788,347,478,401	10%
ronavel	501,042,311,307	30%
hivecur	75,307,845,069	3%
roseblossoms	11,534,944,163	30%
improbableliason	1,481,437,490	25%
dotnb	625,550,108	50%
zartisht	103,763,632,703	30%
chartreader	119,238,779	3%
thekingofhive	539,937,958	30%
brofund-pal	1,303,935,500	40%
zinzanmusic	3,453,600,498	100%
btsarps	1,057,378,712	30%
badstrategylive	114,399,989,311	30%

`author`	resiliencia
`permlink`	re-resiliencia-qelxw7
`category`	hive-126009
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`created`	2020-08-05 20:21:45
`last_update`	2020-08-05 20:21:45
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`root_title`	"🔥 30 day BTC-ETH correlation dropped to 2,5 year lows!"
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