Correlation Between Inflation Trends and Bitcoin Price Movements
- Truflation provides real-time data on inflation indexes.
- The company observes a pattern between disinflation trends and bitcoin rallies.
- Bitcoin is classified as a risk asset by Truflation.
- A pause or reversal in disinflation trends often precedes a bitcoin rally.
Truflation highlights that when its real-time data shows a pause or reversal in disinflation, bitcoin’s price tends to increase shortly after, indicating a potential correlation between stable inflation periods and bitcoin price movements.
Source (2.6)https://news.bitcoin.com/truflation-inflation-movements-predict-upcoming-bitcoin-rally/?rand=52384