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

π 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:
π₯ Gold: +21%
π¦ S&P 500: +7%
πͺ Bitcoin: -15%
π§ Based on 4 years of a tight correlation, $BTC is arguably being undervalued.