USOIL/BTC ratio could be a useful indicator of Bitcoin cycle bottoms.
This is made with TradingView curves, so it might be meaningless. It would be more meaningful with a curve made with regression analysis and an equation with an R^2 value. If a real relationship exists then this ratio indicates that Bitcoin is close to a bottom and the beginning of another macro bull cycle.
This is made with TradingView curves, so it might be meaningless. It would be more meaningful with a curve made with regression analysis and an equation with an R^2 value. If a real relationship exists then this ratio indicates that Bitcoin is close to a bottom and the beginning of another macro bull cycle.