The analysis company shared the new data he claimed to have predicted the next move in the price of Bitcoin (BTC)!

Crypto para Analysis Platform Alphractal, Bitcoin with subcoins The sudden decrease in the correlation between him may be a harbinger of harsh fluctuations in the market.

According to the company’s statement, such correlation decreases, especially observed in daily or hourly graphics, indicate critical moments in which the usual aspect of the market can go beyond the usual aspect.

According to Alphractal’s analysis, there were significant movements in the markets when the correlation fell historically. The company highlighted these three basic patterns:

• If Bitcoin moves horizontally after rising for a few days, and if Altcoin correlation decreases, this usually becomes a harbinger of a price drop through the market.
• If Bitcoin decreases after a few days of recovery signals, the correlation falls again, this may indicate that the fall trend has not yet expired.
• If Bitcoin moves up or down, it may indicate that if the altcoin correlation remains high (at approximately 1), the market is in the consolidation process or follows a clear trend.

Alphractal said that altcoins usually decomposed from Bitcoin for a short time and many investors may experience confusion in this process. “These moments often result in heavy liquidations and hill or bottom formations in subcoins,” the company said.

*It is not an investment advice.