capriole_charles

Bitcoin-Gold Correlation and Potential Outperformance

BITSTAMP:BTCUSD   Bitcoin
Bitcoin bottoms and high-return periods often align with high correlation to Gold. We have that today.
Arguably it allows Bitcoin to move more freely, more like hard money (what it is designed to be) and more organically.
It is much better when Bitcoin is correlated to Gold as opposed to stocks.

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