What Influences Bitcoin Correlation?

Does Bitcoin connect more with: 1) QQQ (Nasdaq 100 ETF) 2) SPY/VOO (S&P 500 ETF) 3) Gold/Silver 4) Anything else, like specific sectors? Banks or maybe Apple? What could be the weakest link? It’s tricky to figure out if you look at just one year. Recent data beats old stuff though.

I stumbled on some stuff earlier, some Reddit findings suggest these might be the top correlated assets with Bitcoin. Check TradingView too. You can play with those charts, maybe throw in emerging tech or AI indices. S&P 500 has shown a strong link, especially when big tech is booming, right? Seems like there’s something there.

Everything’s in the mix; we gotta consider various angles. I feel Bitcoin doesn’t just ride on those four options though. Correlated graphs can be deceiving. There are so many variables at play. What info are you talking about? Performance might shift based on other factors too.