TheGuySwann on Nostr: Just shallow market correlation. Thats all. If major equities take a short dive, so ...
Just shallow market correlation. Thats all. If major equities take a short dive, so does Bitcoin in the short term.
When you stretch it to a 6 month timeline or longer Bitcoin simply follows global liquidity (money printing basically). Its actually got the strongest correlation of any asset. So what you are seeing is nothing but noise due to extremely short term trading that affects all assets.
Published at
2025-01-27 20:38:49Event JSON
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"content": "Just shallow market correlation. Thats all. If major equities take a short dive, so does Bitcoin in the short term.\n\nWhen you stretch it to a 6 month timeline or longer Bitcoin simply follows global liquidity (money printing basically). Its actually got the strongest correlation of any asset. So what you are seeing is nothing but noise due to extremely short term trading that affects all assets.",
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