Viewing a response to: @jrcornel/the-dow-getting-pummeled-again-bitcoin-hanging-in-there
Interesting Piece @jrcornel When you say >Bitcoin is likely getting back to it's traditional position of showing almost no correlation to the stock market, if not a slightly negative correlation to stocks What makes you think this? I hope you are right! But what makes you confident this will turn out to be true?
| post_id | 36,176,552 |
|---|---|
| author | aghunter |
| permlink | re-jrcornel-the-dow-getting-pummeled-again-bitcoin-hanging-in-there-20180302t090429877z |
| category | bitcoin |
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It is mostly just an assumption on my part based on its historical pattern. Historically I believe bitcoin is negatively correlated to the stock market to the tune of about -.1, which is just slightly negative, and means that there really isn't much correlation at all.
| post_id | 36,239,800 |
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| author | jrcornel |
| permlink | re-aghunter-re-jrcornel-the-dow-getting-pummeled-again-bitcoin-hanging-in-there-20180302t154135764z |
| category | bitcoin |
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