Ecoinometrics - Coins from stocks
Somehow stock prices and Bitcoin’s value are interlinked. What can we do with that?
Looking back over Bitcoin’s lifetime, the price of a coin has been growing side by side with the stock market. That is there seem to be relationship between the SP500 index value and BTC. What is this relationship? Where could it come from? How can we use it to make some price predictions?
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Coins from stocks
You might have seen this chart before. It shows the relationship between Bitcoin's price and the SP500 index over the lifetime of Bitcoin (or since we have regular records of Bitcoin’s price to be more specific).
Clearly there is a pattern in this chart. This is a pattern that doesn't exist between say the SP500 and gold.
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