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evillz
Aug 15, 2019 4:05 AM

Stock Market and BTC Correlation 

S&P 500SP

Description

The fact is the stock market is more positively correlated with Bitcoin according to the Correlation Coefficient indicator. More shaded areas are above zero. In other words, when stock market goes up, Bitcoin is more likely to go up. And when stock market goes down, Bitcoin is more likely to go down.
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