Although BTC may be considered as a 'new safe heaven', 'digital gold' and etc., it is actually one of the least safe investments. Whereas, 30 year US bond yields tend to be on the safest side in comparison to all financial assets. By analyzing financial assets against commodities or safe financial assets you take away fiat currency fluctuations. Which are generally dependent on government policies, balance of trade and sensitive to supply/demand shocks.
Thereby, I believe pairing a financial asset of interest against these more stable, less volatile assets (e.g, gold, bonds) may be beneficial for analysis.
This makes trading Cryptocurrencies a little clearer/easier
Thereby, I believe pairing a financial asset of interest against these more stable, less volatile assets (e.g, gold, bonds) may be beneficial for analysis.
This makes trading Cryptocurrencies a little clearer/easier
