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Bitcoin S&P 500 Correlation Means It Should Cost $18K, Says Analyst

June 18, 2020 by DIGIT
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Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator.

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Categories Bitcoin, Bitcoin Price, Stocks
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  • bitcoinBitcoin(BTC)$90,570.00-0.31%
  • ethereumEthereum(ETH)$3,103.82-1.86%
  • tetherTether(USDT)$1.000.05%
  • solanaSolana(SOL)$233.398.28%
  • binancecoinBNB(BNB)$622.65-0.74%
  • rippleXRP(XRP)$1.08-4.22%
  • dogecoinDogecoin(DOGE)$0.369102-0.97%
  • usd-coinUSDC(USDC)$1.000.12%
  • staked-etherLido Staked Ether(STETH)$3,104.78-1.64%
  • cardanoCardano(ADA)$0.74-1.86%
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  • bitcoinBitcoin(BTC)$90,570.00-0.31%
  • ethereumEthereum(ETH)$3,103.82-1.86%
  • tetherTether(USDT)$1.000.05%
  • solanaSolana(SOL)$233.398.28%
  • binancecoinBNB(BNB)$622.65-0.74%
  • rippleXRP(XRP)$1.08-4.22%
  • dogecoinDogecoin(DOGE)$0.369102-0.97%
  • usd-coinUSDC(USDC)$1.000.12%
  • staked-etherLido Staked Ether(STETH)$3,104.78-1.64%
  • cardanoCardano(ADA)$0.74-1.86%