Bitcoin and The Stock Markets. The US presidential Election

2020年9月21日

The Bitcoin chart looks bullish and 80% of the time I'd tell you that the 29 bear trend is over and a multi-month bullish trend has began. However, the stock market could fall significantly in light of the fact that the upcoming presidential election has come during a year of recession and unprecedented uncertainty. There is not a shred of evidence that Bitcoin has decoupled from the stock market having correlated beautifully in the last 18 months or more. There could be a decoupling but at the moment there isn't any evidence whatsoever. Proceed with caution. Not financial advice.

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