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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”
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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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