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PlanB: Bitcoin Price Significantly Diverges from Stock and Gold Correlation

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BTC
$87,557.100.21%
Bitcoin price today stands at around $87,500, according to PlanB’s latest analysis on December 27 (UTC+8). He noted a sharp divergence from Bitcoin price prediction models based on historical correlations with U.S. stocks and gold. Using those benchmarks, Bitcoin should trade near $6,900 or $4,500. A similar gap appeared before Bitcoin rose 10x from below $1,000. PlanB warned, however, that a structural break in correlation could mean this move plays out differently.
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