I looked at the last 4-5 years on btc vs SP500 and it looks like they are getting more in-tune, plus btc swings vs SP500 are abating.
All data from Dec 31 prior year to Dec 31 next year:
2015-2016 SP500 +9.5%
2016-2017 SP500 +19.4%
2017-2018 SP500 -6.2%
2018-today SP500 +29%
vs
2015-2016 BTC +123.6%
2016-2017 BTC +1368.5%
2017-2018 BTC -73.6%
2018-today BTC +96%
It looks to me that we simply amplify (in the last 4-5 years) the SP500 move.
Judging by the prior statistics, after at least 20% move (yearly) in SP500, there is at least one more consequently positive SP500 year.
Prediction: we would roughly triple or quadruple SP500 gain in 2020.
7-10% gain in SP500 would result in about 30% gain in BTC, therefore the target for BTC next year (12/31/2020) is about 10K+/-1K (9k-11K range).
I looked at the percentage of bitcoin price growth for the last 5 years and realized that I love him not for the rapid growth of his price, but for what he is...
Although the price is certainly a nice bonus, too.
Owning a deflationary asset is still a pleasant bonus.