Quote from: pixie85 on Today at 08:42:57 PM

Quote from: jakkk on June 20, 2020, 09:50:04 AM

yes that is true. bitcoin follow stocks, but it should not be like that. when stocks falls money should flow into bitcoin

Bitcoin was looking good after the first Covid dip because it recovered much better than stocks.

It depends which stocks you look at. The NASDAQ 100 index recovered even closer to its yearly highs than BTC did, 0.3% vs. 0.9%. Some stock sectors are obviously recovering much better than others. Tech, biotech, e-commerce, and a few others have made huge gains while others are still in the dumps. I think we should take a more holistic approach when making these comparisons.

Quote from: pixie85 on Today at 08:42:57 PM

The second dip is looking much worse with Bitcoin and S&P 500 looking almost the same.

They've been looking almost the same for 4 months now. The only real difference is the magnitude of volatility.