In other events, it looks like we may get to see how well bitcoin weathers a proper bear market in equities, for the first time.
What is your point?
Is the stock market and PMs expected to go down in the coming weeks/months?
Are you referring to any other assets, or currencies?
You are contemplating whether BTC is going to be correlated or not? And, BTC along side with the performance of other cryptos?
Maybe in the short term all assets and currencies go down together?
It's looking more and more like the stock market is tanking. Today steered me onto the bearish side.
And yes, I'm curious how correlated bitcoin and the other markets may be.
You seem to have been leaning bearish for a few months now, and leaning is turning into steering... OMG!!!! Stop hanging out with hairybeary, majormax and anunymint... They are bad influences on you.
Regarding correlation, I agree that it remains an interesting question - especially short-term - yet, I also believe that it may take several more years of bitcoin existence (perhaps 5 to 10 more years will give us even better perspective) to really attempt to analyze longer term correlations (or lack thereof), and surely many long term bitcoin bulls (presumably several of the short-term bitcoin bears in this thread are long term bullish about bitcoin), tentatively theorize that bitcoin is not going to be correlated with traditional dollar based assets - and likely instead, if anything, bitcoin is presumed to have a kind of reverse correlation with traditional dollar based assets....
Let's see, let's see...