The Wildest crypto chart?

in crypto •  7 years ago 

The following chart shows bitcoin vs the major assets for this year and things to consider:

  1. Volatility seems to be similar to high tech stocks.
  2. BTC growth has been astounding
  3. Are we witnessing the beginning stages transformation of paper/ analog markets to digital?
  4. What is the correlation of crypto/blockchain markets to traditional markets? Correlated, not correlated, or inversely correlated?

Comment below thoughts.

Screen Shot 2017-08-06 at 9.24.49 PM.png

Disclaimer: Not buy/sell recommendations or investment advice. This is for entertainment purposes only.

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I think it might be too early to determine if a correlation exists.

Possibly

that is a very odd looking spike there 😓

They are pretty wild.