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Understanding relationships between different markets and asset classes.
Intermarket analysis studies the relationships between different asset classes — stocks, bonds, commodities, currencies, and crypto — to gain a broader understanding of market conditions and potential turning points.
Key insight: Markets don't move in isolation. Bitcoin often correlates with the Nasdaq, gold moves inversely to the dollar, and bond yields affect risk appetite across all markets. Understanding these relationships gives you an edge that single-chart analysis cannot.
In crypto, the most important intermarket relationships include BTC dominance vs. altcoins, BTC vs. traditional risk assets (S&P 500, Nasdaq), BTC vs. the US Dollar Index (DXY), and the relationship between stablecoin market caps and available buying power.
Check DXY before making any large crypto position. Dollar strength = risk-off = crypto headwinds. Dollar weakness = risk-on = crypto tailwinds. This one correlation can keep you on the right side of the macro trend.
The Academy teaches this concept through structured lessons with real chart examples.
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