Indicators vs. Correlations - Unqualified Opinions
going to war against sample sizes of two
Your daily snapshot from the OnChainFX markets dashboard.
Indicators vs. Correlations
There’s long been a correlation between “Buy Bitcoin” Google trends and the market price of Bitcoin. The more people who search “Buy Bitcoin”, the greater the potential demand for the asset. The price rises as a result.
It makes sense, right?
WRONG.
A look at the data show…