{"id":7198,"date":"2026-03-09T09:13:45","date_gmt":"2026-03-09T09:13:45","guid":{"rendered":"https:\/\/icobench.com\/cz\/?p=7198"},"modified":"2026-03-09T09:13:45","modified_gmt":"2026-03-09T09:13:45","slug":"nydig-korelace-bitcoinu-s-tech-akciemi-se-precenuje","status":"publish","type":"post","link":"https:\/\/icobench.com\/cz\/novinky\/nydig-korelace-bitcoinu-s-tech-akciemi-se-precenuje\/","title":{"rendered":"NYDIG: Korelace Bitcoinu s tech akciemi se p\u0159ece\u0148uje"},"content":{"rendered":"<p>Podle NYDIG nen\u00ed ned\u00e1vn\u00fd soub\u011b\u017en\u00fd pohyb Bitcoinu a americk\u00fdch softwarov\u00fdch akci\u00ed d\u016fkazem toho, \u017ee by se tyto trhy \u201estruktur\u00e1ln\u011b\u201c sbli\u017eovaly. Jde sp\u00ed\u0161 o to, \u017ee ob\u011b skupiny aktiv reaguj\u00ed na stejn\u00e9 makro faktory \u2013 tedy na prost\u0159ed\u00ed, kde hraje hlavn\u00ed roli likvidita, v\u00fdnosy a celkov\u00fd apet\u00fdt po riziku.<\/p>\n<p>\u0160\u00e9f v\u00fdzkumu NYDIG Greg Cipolaro v p\u00e1te\u010dn\u00ed pozn\u00e1mce p\u0159ipomn\u011bl, \u017ee Bitcoin v posledn\u00edm t\u00fddnu pos\u00edlil spolu se softwarov\u00fdmi tituly, co\u017e \u010d\u00e1st koment\u00e1tor\u016f vedlo k tvrzen\u00ed, \u017ee BTC funguje jako proxy pro technologick\u00fd sektor. Podle Cipolara ale takov\u00fd z\u00e1v\u011br p\u0159est\u0159eluje: i kdy\u017e grafy po \u201ep\u0159epo\u010dten\u00ed na index\u201c vypadaj\u00ed podobn\u011b, nen\u00ed to automaticky d\u016fkaz, \u017ee Bitcoin sd\u00edl\u00ed se softwarem stejn\u00e9 struktur\u00e1ln\u00ed p\u0159\u00edb\u011bhy typu AI nebo kvantov\u00e9 riziko. Pravd\u011bpodobn\u011bj\u0161\u00ed vysv\u011btlen\u00ed je, \u017ee v aktu\u00e1ln\u00edm makro re\u017eimu se oba segmenty chovaj\u00ed jako dlouhodob\u011bj\u0161\u00ed, na likviditu citliv\u00e1 rizikov\u00e1 aktiva.<\/p>\n<h2><span id=\"vetsinu_pohybu_btc_akcie_stejne_nevysvetluji\">V\u011bt\u0161inu pohybu BTC akcie stejn\u011b nevysv\u011btluj\u00ed<\/span><\/h2>\n<p>Cipolaro z\u00e1rove\u0148 upozornil, \u017ee 90denn\u00ed klouzav\u00e1 korelace <a href=\"https:\/\/icobench.com\/cz\/kryptomeny\/jak-koupit-bitcoin\/\" rel=\"\">Bitcoinu<\/a> se softwarov\u00fdmi akciemi od \u0159\u00edjnov\u00e9ho historick\u00e9ho maxima (nad 126 000 USD) sice vzrostla, ale podobn\u011b rostly i korelace se \u0161ir\u0161\u00edmi indexy, jako jsou S&amp;P 500 a Nasdaq. To nazna\u010duje, \u017ee nejde o \u201especifick\u00fd vztah\u201c se softwarem, ale sp\u00ed\u0161 o \u0161ir\u0161\u00ed posun v tom, jak trh kr\u00e1tkodob\u011b nacen\u00ed riziko.<\/p>\n<figure style=\"width: 1282px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019cd0af-88f1-7153-85a7-bed58b2dc9ab.png\" alt=\"Korelace bitcoinu s hlavn\u00edmi indexy na 90denn\u00ed klouzav\u00e9 b\u00e1zi. Zdroj: NYDIG\" width=\"1282\" height=\"895\" data-ct-img-zoomable=\"\"><figcaption class=\"wp-caption-text\">Korelace bitcoinu s hlavn\u00edmi indexy na 90denn\u00ed klouzav\u00e9 b\u00e1zi. Zdroj: NYDIG<\/figcaption><\/figure>\n<p>Ani p\u0159i vy\u0161\u0161\u00edch korelac\u00edch v\u0161ak podle n\u011bj nen\u00ed f\u00e9r tvrdit, \u017ee BTC je jen odrazem akciov\u00e9ho trhu. Statisticky vych\u00e1z\u00ed, \u017ee akcie vysv\u011btluj\u00ed jen men\u0161\u00ed \u010d\u00e1st cenov\u00e9ho pohybu Bitcoinu: zhruba \u010dtvrtinu. Zb\u00fdvaj\u00edc\u00edch alespo\u0148 75 % pohyb\u016f souvis\u00ed s faktory mimo tradi\u010dn\u00ed indexy \u2013 tedy s vlastn\u00edmi krypto \u201edrivery\u201c.<\/p>\n<h2><span id=\"proc_bitcoin_nefunguje_jako_zlato_a_proc_to_porad_dava_smysl\">Pro\u010d Bitcoin \u201enefunguje jako zlato\u201c a pro\u010d to po\u0159\u00e1d d\u00e1v\u00e1 smysl<\/span><\/h2>\n<p>NYDIG tak\u00e9 poznamen\u00e1v\u00e1, \u017ee Bitcoin se v sou\u010dasnosti evidentn\u011b nenace\u0148uje jako makro hedge, co\u017e p\u0159isp\u00edv\u00e1 k dlouhodob\u00e9 frustraci \u010d\u00e1sti investor\u016f: BTC m\u00e1 p\u0159ezd\u00edvku \u201edigit\u00e1ln\u00ed zlato\u201c, ale v krizov\u00fdch momentech se \u010dasto chov\u00e1 sp\u00ed\u0161 jako rizikov\u00e9 aktivum. Podle Cipolara je to i t\u00edm, \u017ee investo\u0159i alokuj\u00ed kapit\u00e1l nap\u0159\u00ed\u010d aktivy pod\u00e9l rizikov\u00e9 k\u0159ivky \u2013 m\u00edsto aby Bitcoin kupovali prim\u00e1rn\u011b kv\u016fli specifick\u00e9 m\u011bnov\u00e9 tezi.<\/p>\n<p>Z\u00e1rove\u0148 ale tvrd\u00ed, \u017ee Bitcoin m\u00e1 vlastn\u00ed tr\u017en\u00ed strukturu a vlastn\u00ed ekonomiku: s\u00ed\u0165ovou aktivitu, trendy adopce i regulatorn\u00ed a politick\u00e9 impulzy, kter\u00e9 ho odli\u0161uj\u00ed od klasick\u00fdch akci\u00ed. Pr\u00e1v\u011b tato odli\u0161nost je d\u016fvod, pro\u010d m\u016f\u017ee BTC i nad\u00e1le fungovat jako diverzifika\u010dn\u00ed prvek v portfoliu. A i kdy\u017e jsou korelace s akciemi moment\u00e1ln\u011b zv\u00fd\u0161en\u00e9, samy o sob\u011b podle NYDIG zdaleka neur\u010duj\u00ed, jak\u00e9 v\u00fdnosy Bitcoin nab\u00eddne.<\/p>\n<p><span data-sheets-root=\"1\"><div class=\"su-button-center\"><a href=\"https:\/\/icobench.com\/cz\/visit\/bestwallet-wallet\" class=\"su-button su-button-style-flat\" style=\"color:#FFFFFF;background-color:#FF4040;border-color:#cc3434;border-radius:10px\" target=\"_blank\" rel=\"nofollow\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#ff7a7a;border-radius:10px;text-shadow:none\"> Kupte bitcoin rychle a bez ov\u011b\u0159en\u00ed identity!<\/span><\/a><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Podle NYDIG nen\u00ed ned\u00e1vn\u00fd soub\u011b\u017en\u00fd pohyb Bitcoinu a americk\u00fdch softwarov\u00fdch akci\u00ed d\u016fkazem toho, \u017ee by se tyto trhy \u201estruktur\u00e1ln\u011b\u201c&#8230;<\/p>\n","protected":false},"author":96,"featured_media":7190,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[46,148,170,147,22],"class_list":["post-7198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-novinky","tag-bitcoin","tag-bitcoin-analyza","tag-bitcoin-cena","tag-bitcoin-predikce","tag-btc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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