Bitcoin is breaking down (30% in a week)

by SpontaneousDisorder

[S&P500 Green, BTC Red]

Oil is down $20 since early October and junk debt also turned down with stocks in October. I think the performance of bitcoin also helps show risk aversion is setting in. You can see some correlation with stocks in the picture which is why I put them in the same chart.

 

 

 

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