Bitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend.
In a tweet on Sep. 25, Woo forecast that Bitcoin would act like a successful startup in accruing new interest and going its own way.
Woo: Breakdown of Bitcoin macro correlation to hit “soon”
Adoption, he argued, would follow a classic S-curve pattern, much in the same way that a startup grows. This would take precedence over investors…