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RE: Bitcoin is officially correlated with Gold, at least over the past 90 days

in #bitcoin6 years ago

Interesting read thanks for the link. Could be some people expecting that final dip. Moving from crypto to gold? Most people in gold or crypto dont trust the fed could be some people moving from crypto to gold expecting the last drop under 3k for btc.

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Could be. I think bitcoin currently represents a risky asset ever since Wall Street started getting into, at least that is how they view it. So, they turn the sell programs on anytime there is a risk off event.

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