Examining the Most Recent Price Run Above shows us the value | LibreCharts

Examining the Most Recent Price Run

Above shows us the values of our three variables at the beginning of October (right before the Twitter / Square announcement that they were purchasing $50M in Bitcoin; there was some extreme insider trading that occurred then, but we'll get to that later).

1. Bitcoin's Price = ~$10k

2. GBTC Premium/Discount = 6.29%

3. Pearson's Coefficient = 0.221

Now let's see how those values changed by December