Daan Crypto Trades|Oct 20, 2026 09:27
BTC Has been unbothered by OIL price action for the past few months.
If anything, it is more positively correlated than inversely correlated. The latter we clearly see with (Tech) stocks that tend to go risk on or off based on the direction OIL is trading.
Bitcoin has either joined directionally with OIL or even in recent weeks it held stronger relative to OIL's direction. Acting very different as to what stocks have been doing.
Obviously the duration & sample size is small, but it has still been going on for a good few months by now.
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