Ninjastic
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Re: Buy the DIP, and HODL!
by
Dunamisx
on 22/04/2025, 18:41:35 UTC
Quote from: Wind_FURY on Today at 06:54:06 AM
Quote from: JayJuanGee on April 21, 2025, 06:53:33 PM

Quote from: Wind_FURY on April 21, 2025, 10:31:50 AM
Buy the DIP, and HODL

The futures market for the S&P 500 is down by 1.30%, which is a big drawdown for an index, but Bitcoin is currently up by about 2.60%. 
 👀
Does that actually mean that the decoupling is happening?

Bitcoin has never been coupled... so you are delusional if you believe that it has been coupled... even though sure, for short periods of time, bitcoin seems to be correlated with various traditional asset classes, but those who consider that bitcoin is actually coupled with various traditional assets are failing/refusing to either zoom out or to appreciate bitcoin's actual non-correlated status, even if it can seem to have extended periods of appearing to be coupled (when it is not).


What would actually be delusional, and obviously laughable, is to believe that the Bitcoin market is totally decoupled from legacy markets. It could probably be totally be decoupled if Bitcoin has developed its own economy that's independent of the traditional economy.

Of course right from the start we had it already that the bitcoin market does not have to depend on the centralized economy, in respect to the  global performance, but as we already have it, that it is independent of all these while it operates under it own decentralized market, but a little of the influence of a centralized market could be felt, under a short time influence, but not permanent as we already have it from other previous performances of bitocin in respect to the global economy.