notice how both have been closely related. Correlation has been fading in 2018
If you zoom in you will find out that during the 2017 market, every time the S&P 0.79% dipped BTC 0.80% rised as investors were transfering their capital from equities to cryptocurrencies and vice versa
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDS&P 500 (SPX500)Trend Analysis

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