#BTC vs. #SPY, interesting observation
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If you look at the relative chart of Bitcoin vs. the SP500, you will notice this is an area where we generally start to see the crytocurrency outperform against the stock market. Some might argue the Nasdaq is a better comparison, but interestingly enough both relatives look very similar. Also notice how every time the relative of the RSI reaches 35, we tend to see a bounce in Bitcoin vs. the SP500
注释
This relative has held quite well for now
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