https://twitter.com/OccupyWisdom/status/996156953964445696
$BTC pic.twitter.com/RGQvYLpna9
— OW (@OccupyWisdom) May 17, 2018
Bitcoin is a RISK ASSET that is correlated, and a leading indicator for #equities. It is not #money and doesn’t behave like money.
Check out the tight correlation to the #SP500 leading the rallies and declines.
Especially after trading on #CME
$BTC #Bitcoin is a RISK ASSET that is correlated, and a leading indicator for #equities. It is not #money and doesn’t behave like money.
Check out the tight correlation to the #SP500 leading the rallies and declines.
Especially after trading on #CME pic.twitter.com/LVDXcpWKBz
— OW (@OccupyWisdom) May 17, 2018
h/t OccupyWisdom