FAQ?

Is bitcoin and the S&P 500 correlated?

Bitcoin and S&P are correlated – that’s the idea that has been once again voiced by the prominent analyst known as Plan B. The stock-in-flow creator has reiterated that there is a definite correlation between Bitcoin and the stock market, including the S&P 500 index.

Is there a correlation between Bitcoin and the stock market?

The stock-in-flow creator has reiterated that there is a definite correlation between Bitcoin and the stock market, including the S&P 500 index.

Will Bitcoin crash when the S&P hits all-time highs?

7: Periods of lower negative correlation happen often, like at the end of 2019 and January 2020 when the S&P was rocketing to new highs and bitcoin was struggling to remain flat. At the hard right edge of the chart, we see bitcoin crashing while the S&P hits still more all-time highs.

Is bitcoin R squared at 95%?

In the June 17 tweets, Plan B maintained that the two markets also co-integtate being “R Squared” at the 95% value. He cited the March incidence when the price of Bitcoin reacted in tandem with the S&P 500 highlighting its feature as a dependent variable which is highly influenced by movements in the stock market.