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Bitcoin trader shares 7 reasons to be bullish on BTC beyond $12K

From cointelegraph.com

Bitcoin (BTC) abandoning correlation with traditional markets will be its “biggest story” if it continues, one popular analyst says. In a series of tweets on Oct. 21, Cole Garner highlighted Bitcoin’s market decoupling among bullish price factors. Garner: Decoupling will be crypto’s “biggest story” Garner retweeted a chart of Bitcoin, gold, the S&P 500 and Ether (ETH), which shows Bitcoin striking out on its own, delivering positive returns while other assets floundered. The chart originated from Eric Wall, CIO of crypto hedge fund Arcane Assets, who described the trend as “unusual.” “BTC’s correlation to ... (full story)

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  • Category: Fundamental Analysis