Is BitCoin calling the Shots
Now that the tax plan is in place and we move to focus on short term trading, I think it might be important to watch the correlation between Bitt Coin and the S&P 500 index. Maybe it is just a confirmation that what we are witnessing is a correlation between two speculative markets that are totally reflecting human emotion. It is interesting that the correlations seem to work best when a 4 hour lag is applied to the stock market, indicating Bit Coin may be the lead dog.
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