The following chart shows bitcoin vs the major assets for this year and things to consider:
- Volatility seems to be similar to high tech stocks.
- BTC growth has been astounding
- Are we witnessing the beginning stages transformation of paper/ analog markets to digital?
- What is the correlation of crypto/blockchain markets to traditional markets? Correlated, not correlated, or inversely correlated?
Comment below thoughts.
Disclaimer: Not buy/sell recommendations or investment advice. This is for entertainment purposes only.
I think it might be too early to determine if a correlation exists.
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Possibly
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that is a very odd looking spike there 😓
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They are pretty wild.
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