Notice the positive correlation which started at the end of May 2020, right after the halvening
This positive correlation does not make me feel comfortable. Because of the quantitative easing, the markets are still doing well. Yet, it's not a permanent situation. With the first real crush, Bitcoin will be following it according to the correlation 😪 The short term may terrify but let's see what will happen in the long term.
Yes exactly, QE has been a lifeline time and time again, if it ever fails to sustain the markets though I don't see Bitcoin faring too well either, the QE money that goes into stocks also finds its way into BTC