Analysts: Historically, Bitcoin's correlation with US stocks and gold has deviated, and the last time this occurred, the price of BTC increased tenfold.

PANews reported on December 27 that crypto analyst Plan B posted on the X platform that Bitcoin's price correlation with US stocks and gold has deviated. This has happened before in history, when Bitcoin was below $1,000 but then its price rose tenfold. Although price correlation is not absolute and the current market situation may be different, time will tell.

In response, another analyst, Willy Woo, stated that the Mt. Gox theft at the end of 2013 put pressure on Bitcoin prices, and the block size debate in 2014 triggered a sell-off by whales. The question now is whether investors will view quantum computing as an obstacle on par with the "block size debate."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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