Seeking Alpha
2021-10-11 23:30:02

Bitcoin As A Stock Market Correction Hedge: What The Charts Reveal

During the most recent stock market pullback, especially in tech, Bitcoin began to rise.This led to more talk of whether Bitcoin is an effective hedge against a severe sharp or sustained downturn in stocks.Analysts also speculated that Bitcoin is being used to hedge inflation.I tested data points from 2021 to see if it supports this theory and share the results below.

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