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Is Bitcoin More Correlated to Stocks or Gold?
According to analyst Lyn Alden, bitcoin's correlation to stocks or gold depends on bitcoin’s own cycle.
Updated Sep 14, 2021, 10:07 a.m. Published Oct 11, 2020, 1:00 p.m.
According to analyst Lyn Alden, the answer depends on bitcoin’s own cycle.
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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on Long Reads Sunday, a reading of Lyn Alden’s piece for CoinDesk: “Bitcoin Correlations Depend on What Phase It Is In”
In it, Lyn argues that bitcoin’s correlation patterns are, in part, reliant on where bitcoin finds itself in its own cycles of expansion or consolidation.
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Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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