Quick take: Traditional markets have reacted positively to news of a possible COVID19 vaccine by Moderna. The optimism should spread to Bitcoin as BTC is highly correlated to the S&P 500. Since mid-June BTC has suffered from a lack of volatility. The inventor of Bollinger Bands, John Bollinger, has suggested a move by BTC is in the pipeline. Earlier today, the traditional markets rallied briefly as news broke that the pharmaceutical company of Moderna had had positive results with its […]
