PlanB: Bitcoin Shows Significant Divergence from Stock Market and Gold Correlation; Whether a 10x Rally Will Repeat Remains to Be Seen
BlockBeats News, December 27, PlanB posted that the current price of bitcoin is about $87,500, which has clearly deviated from its historical correlation range with the US stock market and gold. Based on past correlations, the corresponding bitcoin price ranges for the US stock market and gold are approximately $6,900 and $4,500, respectively, indicating that BTC is in a significant "decoupling" state.
PlanB pointed out that a similar correlation divergence occurred when bitcoin was below $1,000, which eventually triggered an approximately 10-fold rally. However, he also reminded that if the correlation relationship has been structurally broken, this cycle's trend may differ from history, and the final outcome still needs time to be verified.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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