Home
News
Details

PlanB: Bitcoin's Price Diverges from Stock and Gold Correlation, 10x Rally Uncertain

iconChainthink
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$87,540.000.15%
Bitcoin price today stands at around $87,500, according to Chainthink, showing a sharp break from its usual link to U.S. stocks and gold. Based on past trends, Bitcoin price prediction models suggest it should be closer to $6,900 or $4,500. A similar gap appeared when Bitcoin was under $1,000, followed by a 10x rise. But PlanB warns the current shift might not lead to the same result if the pattern has changed.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.