The South Korea reference actions index, Kospitus has reached a record of 4,340 points, driven by the prospects of policies adapted to shareholders and positive feeling on the world market.
The new High has prompted an analyst to exhort prudence among Bitcoin The bulls, suggesting that Kospi in the middle of explosion could mark the end of the BTC Bull Run race, in accordance with the historical relationship between the two assets.
“Whenever Kospi has set a new record, Bitcoin was exchanged near its level of all time.
The graph indicates that Kospi reached its peak in the second half of 2021. BTC also reached a peak closer to $ 70,000 in November of the same year, finally falling into a one -year lower market.
A similar diagram emerged at the end of 2017, with simultaneous peaks in both assets. Also note that the simultaneous interval is in the lead around June and July 2011.
Incremental signal
The model, although limited to supporting the final conclusions, guarantees attention, because it highlights the shared sensitivity of Kospi and the BTC to risk / risk flows and risk changes in investors in investor risks and macroeconomic conditions.
When the feeling of risks is positive, capital takes place in emerging market actions, such as Kospi, which is strongly oriented towards export and influenced by global trade dynamics, as well as in more risky assets such as Bitcoin.
Conversely, during periods of increased uncertainty or risk aversion, both tend to decrease together. This close relationship highlights the way Bitcoin, despite its unique characteristics as a digital intake, is becoming increasingly linked to broader financial markets and subject to similar economic forces.
“Now that Kospi has reached a new summit of all time, it serves another incremental signal that the bitcoin cycle can approach its conclusion. Intelligent money flows continuously between large economies, value reserves, risk assets and – sometimes – extremely speculative instruments, like the same, often without fundamentals,” Joao -wedson, founder and CEO of Alphractal, said.
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