Bitcoin dollar price versus TulipMania

twitter.com/OccupyWisdom/status/996156953964445696

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.

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Especially after trading on #CME

h/t OccupyWisdom

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