Why is gold and Bitcoin mooning while the stock market is tanking? Shouldn't BTC tank if the stock market is shitting itself?

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Anonymous Sat Oct 21 15:24:05 2023 No.56422457 [Reply] [Original]

Why is gold and Bitcoin mooning while the stock market is tanking?

Shouldn't BTC tank if the stock market is shitting itself?

>>	Anonymous Sat Oct 21 15:45:45 2023 No.56422644 >>56422457 bitcoin has never followed the stock market

>>	Anonymous Sat Oct 21 15:55:45 2023 No.56422716 >>56422457 BTC is a speculative investment except for when it isn't. The theory checks out.

>>	Anonymous Sat Oct 21 15:57:53 2023 No.56422734 >>56422644 Wrong. It's correlated to the nasdaq you fucking moron. Get out of here.

>>	Anonymous Sat Oct 21 15:59:27 2023 No.56422750 >>56422734 noob

>>	Anonymous Sat Oct 21 16:01:26 2023 No.56422764 >>56422734 The price of Bitcoin becomes less correlated with the Nasdaq index during times of stock market crisis.

>>	Anonymous Sat Oct 21 16:02:22 2023 No.56422773 >>56422764 And that's a good thing!

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