Here’s the adjusted version without hyphens, using commas instead: BTC/OIL Ratio Tests Monthly Support, Crypto vs. Commodities 📈 The ratio between BTC ($72,166) and oil ($99.1) is sitting at a critical support level. At the current 0.728, this could mark a potential trend reversal. If the correlation with risk on assets holds, Bitcoin should start to outperform commodities again as inflation eases and liquidity remains stable. A break above 0.75 would be the first signal. Oil is already weakening due to demand concerns, Bitcoin could benefit from this as a liquidity play.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.