So bitcoin goes up when stocks go up

but gold goes down when stocks go up.

Gold behavior makes sense, people goto gold in times of volatility.

Bitcoin while I am glad it's been going up, seems more non rational, I bought $2000 in a bitcoin etf a month ago as a hedge, a gold alternative if you will, it's done well, but why it goes up or down can't be easily explained.

submitted by /u/IndependentGiraffe8 to r/Bitcoin
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Quelle: bitcoin-en