Correlation of Bitcoin and U.S. stocks, the choice at the bottom of the liquidity pyramid Author:WJ (Twitter @BC1LWJ) Many people are wondering if the fundamental story and value proposition of Bitcoin have changed now that the short-term correlation between Bitcoin and US stocks (S&P 500) is at an all-time high, with the fractal similarity between the two price K-lines even dropping to the minute level. When we look back, the long-term correlation between Bitcoin and the S&P 500 has generall...