Post
Topic
Board Speculation
Re: If market crashes, BTC will crash twice as hard.
by
Johny H.
on 18/09/2020, 19:32:13 UTC
I see there is a strong correlation between SPY and Bitcoin prices.  BTC has a higher beta, however.  Whenever SPY tanks, BTC tanks twiiiiiice as hard, (as it was the first time, I said good byeeee) 
In March, BTC dropped from $10k to $5k.      I am calling for another BitCoin wipeout when the market crashes. 


I completely disagree.