Some thoughts on XBT(BTC) price on March 30, 2020

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There are two things to mention on XBT(BTC) price right now.

  1. Now it’s obvious that there’s no correlation between stocks market and XBT(BTC) price — all coincidences are random.
  2. Also it’s absolutely obvious bitcoin is not a reserve currency — it’s a speculation tool and private person saving asset. And so called "whales" do not hedge theirs funds buying btc.
Stock indexes and BTC price movement comparizon