SPX (S&P 500 - 4262) vs BTC (Bitcoin 36/37K)

12 Nis 2022

We can see here that the SPX and BTC are highly correlated...

We can see BTC (Black line) moving ahead on the drop.

We can see the SPX dropping to 4262 short-term... We have clear and strong bearish signals to support his call.
We also have a GAP that is about to be filled on this drop.

What does this means for BTC (Bitcoin)?

We can say $36/$37,000 on the next drop.

Within 10 days more or less.
(Likely to happen fast though...)

Namaste.

22 Nis 2022

Not

Our SPX target is being hit...
We will see how Bitcoin reacts.