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The Daily Hodl 2022-04-27 20:00:51

Here’s What It Will Take for Bitcoin To Break Away From Stock Market and Rally, According to On-Chain Analyst Will Clemente

The supply dynamics of Bitcoin (BTC) will need to change in order to decouple from equities, according to popular on-chain analyst Will Clemente. In a new Blockware Intelligence Newsletter, Clemente notes that BTC has demonstrated an “extremely high” correlation to the Nasdaq 100 recently. “Below you can see the 1D correlation of BTC to [Nasdaq] reaching […]The post Here’s What It Will Take for Bitcoin To Break Away From Stock Market and Rally, According to On-Chain Analyst Will Clemente appeared first on The Daily Hodl.

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