My July 21 note: “Correlation has been mean-reverting across the full period at around 0.38. We are currently above that average and trending down from 0.58 in March to 0.48 as of writing, which historically has been the setup for a decoupling from the broader US equities market if this trend continues. We believe Bitcoin remains mispriced at current levels and may well be positioned for a recovery”(Ξliézer Ndinga)