Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator.
Source: https://cointelegraph.com/news/bitcoin-sp-500-correlation-means-it-should-cost-18k-says-analyst
Bitcoin S&P 500 Correlation Means It Should Cost $18K, Says Analyst
June 18, 2020
CoinTelegraph