Bitcoin correlation with Gold 🪙

I already wrote earlier that digital gold often correlates with classical gold.

The Spearman correlation clearly shows a short-term trend, and although there are moments when there is a discorrelation (red histogram), most of the moments are above 0 in green🟩 values.

💡I would say that it is a good trend that the correlation is increasingly positive because this is one of the main purposes of BTC to become the new gold and a protective asset