Historical patterns show that bitcoin often bottoms when its correlation with the Nasdaq 100 breaks down, a dynamic now appearing for the fourth time in five years.

In general, stock correlation refers to how stocks move in relation to one another. While we can speak generally about asset classes being positively or negatively correlated, we can also specifically ...

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Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.

Bitcoin is not like equities because the correlation declines to annual lows. Support for the multi-year trendline exists even after a correction of 36 percent as the stocks surge to new heights.

On another note, if you're looking for better returns with smoother performance compared to an individual stock like CCL, ...