The stockmarket / BTC correlation nobody is talking about!

in #bitcoin7 years ago

With the interesting market/BTC correlation from the last couple of  months I think we still may be set up for a bull run sooner rather than later. (The red indicator is a rolling 1-year correlation of 0.85! Very strong connection)


The market has posted W's multiple times over the last  business cycle, with each rebounding strongly under positive economic conditions. 


We are on the second leg of this W and we are currently  under some of the strongest economic conditions of all time. 


As an extra  bonus, we are also in the middle of market seasonality.


Stay strong my  friends, there is some tasty and unusual stuff going on, all of which I  think are good for us! 

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