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🔥 HOT: Discovering that #Bitcoin prices correlate with the sports betting market
Bitcoin has a 365-day correlation coefficient with $BETZ fund reaching up to 0.91, meaning over 80% of price fluctuations are statistically linked.
Some notable milestones:
$BETZ peaked in September 2021, $BTC peaked in November 2021
The #BETZ bottom in 2022 appeared about 3 months earlier than Bitcoin's bottom
Data has been continuously monitored from 2020 to the present.
#nghiencrypto # crypto