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沙尼
THE MOST IMPORTANT BTC DATA RIGHT NOW MIGHT NOT BE PRICE.
Everyone is staring at the chart.
I’m watching the correlations.
Bitcoin’s 90-day correlation with gold has climbed to +0.50 — around the levels seen near the 2020 highs and only the second time it has crossed 0.5 since 2015.
Meanwhile, BTC’s correlation with the Nasdaq has fallen to around 0.30, a one-year low.
That’s a pretty interesting shift.
BTC is slowly moving from tech stock with leverage” toward “digital gold.
#DailyOrbit
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