Alex Jones on Nostr: green line is log of BTC price(obviously) red line is correlation coefficient with ...
green line is log of BTC price(obviously)
red line is correlation coefficient with Wilshire5000 over the previous 7 days.
The correlation oscillates all over the board between 1 and -1. Bitcoin is not just another risk asset or a tech stock and anyone who says that is wrong.
#bitcoin
#plebchain
red line is correlation coefficient with Wilshire5000 over the previous 7 days.
The correlation oscillates all over the board between 1 and -1. Bitcoin is not just another risk asset or a tech stock and anyone who says that is wrong.
#bitcoin
#plebchain
![](https://void.cat/d/DyrCz3HMziTu1CRYaRcn6J.webp)