A short YouTube monologue discussing Bitcoin price directionality and how graphs can selectively omit inconvenient periods. The speaker emphasizes honesty in showing correlation and reports having done deeper analysis finding an approximate 70% correlation.
Close to 70%.
Bitcoin price is more directional. So are we turning up? You can see kind of track pretty well. At least some sections. Other sections not so well. Here, for example, went up, and here we went down. Many, many times. When people show these graphs, they kind of cut off all the inconvenient parts.
But, you know, if you want to be honest, you have to show how well they correlate. Now, it turns out I did a little bit deeper analysis. It's about something like close to 70%.
