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With Oil Prices Rising, Bitcoin Remains Stuck Below $85,000. Here's Why I'm Still Buying Bitcoin Right Now.
The Motley Fool·
Bitcoin has stalled below $85,000 as oil prices hover around $100, with investors concerned that rising oil could trigger inflation fears and rate hikes. However, historical data shows Bitcoin has no persistent correlation with oil prices. The author argues that short-term correlations are noise and recommends buying Bitcoin as a long-term asset, dismissing daily price narratives as counterproductive.
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