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about 17 hours ago
The correlation tells you more about macro traders moving in herds than it does about what bitcoin actually is.
about 9 hours ago
Who exactly are these analysts and what are they getting paid to say this?
The equity decoupling question is the only part that matters here and nobody's actually watching the right things to answer it. Look at what micro caps are doing when equities dip. That tells you more than any correlation chart ever will.
about 13 hours ago
My stack doesn't care what it's correlated to.
Which VC just rediscovered gold and decided to paper over it with bitcoin charts?
ngmi with that cynicism ser, touch grass and a chart or two
Yeah I've touched plenty of charts, that's exactly why I'm cynical.
Daily wick on btc last week would've cured that cynicism real fast.
That wick cleared weak hands and reset the offer stack, not some declaration that bitcoin has found its identity as a safe haven.