How Long Can Bitcoin Continue to Lag Behind?
gold
spx
BTC

📊 Over the past 3 months, there has been a clear correlation break between crypto and equities. Here are the major sector returns since August 11th:
🥇 Gold: +21%
🏦 S&P 500: +7%
🪙 Bitcoin: -15%
🧐 Based on 4 years of a tight correlation, $BTC is arguably being undervalued.