How Bitcoin Pricing Can Predict The Dow: McClellan Market Report’s Tom McClellan | CNBC

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Tom McClellan, The McClellan Market Report editor, explains the correlation between bitcoin prices to moves in the Dow.
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How Bitcoin Pricing Can Predict The Dow: McClellan Market Report's Tom McClellan | CNBC

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11 Thoughts to “How Bitcoin Pricing Can Predict The Dow: McClellan Market Report’s Tom McClellan | CNBC”

  1. This dude doesn't sound like he believe in what he is talking about

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  4. Notice the bitcoin units on the y-axis. 500, 1000, 2000, 4000, 10000, Then 20000…. they’re not as strongly correlated as the graph makes it seem.

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  8. Dow drop 8 weeks 1100 yesterday, 8 weeks after Bitcoin started its first big drop leading into a Bitcoin crash. I just put my 401K into cash to see what happens. Worst case, I miss out on 8 weeks of gains vs losing "X" amount of money and waiting for god knows how long to recover.

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