Replying to Avatar Dom

We found that easing/non-tightening conditions are best for Bitcoin. It just indicates that the Fed is more likely to pause than to hike which is good for Bitcoin ;)
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Sovereign Matt 2y ago

Historically Fed Pausing has led to recessions. And BTC and NDQ are still highly correlated.

😉

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point-alpha 2y ago

In this long perspective, yes. The short term correlation is coming down , esp. in the last banking crisis fog.

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Sovereign Matt 2y ago

Correlation is actually going up in short term despite the recent banking crisis. Big money managers still trade btc as a big tech stock.

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point-alpha 2y ago

Thanx! Right.

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point-alpha 2y ago

I just made a second look on this graph. Which tool did you use? 🤔