While many bitcoin investors look for the asset to behave as a safe haven, bitcoin typically has ultimately acted as the riskiest of all risk allocations.
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Short-Term Price Versus Long-Term Thesis
How bitcoin, the asset, will behave in the future versus how it currently trades in the market have proven to be drastically different from our long-term thesis. In this piece, we’re taking a deeper look into those risk-on correlations, and comparing the returns and correlations across bitcoin and other asset classes.