Futures on BTC and S&P500: The ratio you should consider

Güncellendi
The main chart is the ratio between Futures on BTC and S&P500

👉 Bitcoin CME Futures contracts are equal to 5 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR)
👉 E-mini S&P500 Futures contracts are equal to 50 x S&P500 Index

Special remarks

😀 The Support Area and Resistance Areas are as highlighted on the chart.
😊 Since Bitcoin CME Futures were launched in Dec, 2017, S&P500 outperforms BTC to nowadays.
😁 Bitcoin has NO BALANCE SHEET, EARNGINS AND NEVER PAY DIVIDENDS

anlık görüntü
Not
06-06-2023

BTC continues to look weaker than the S&P500 - the benchmark of the global economy.
Now, amid multiple legal allegations by the SEC against CZ and the companies he controls, including Binance.

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İşlem aktif
June 13, 2023

This is how the crypto market recovered in 2014-16 and 2018-20 against the S&P500.

But, as the ancient Romans said, - Tertium non Datur... that means too much water drowned the miller.

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İşlem aktif
July 24, 2023

Lousy BTC vs seasoned SPX. The ratio is still under pressure, to crypto bulls sad.

anlık görüntü
Beyond Technical AnalysisBitcoin FuturesBTCUSDS&P 500 E-Mini FuturesETHUSDFundamental AnalysisNASDAQ 100 E-MINI FUTURESQQQSPDR S&P 500 ETF (SPY) stockmarketanalysisTrend Analysis

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