Breakdown on SPX and correlation to BTC
A retest of the weekly support is very likely, at this point the breakdown is confirmed. And if we can't hold the weekly support we'll probably get a retest of the major uptrend.
You can expect big volatility on crypto currencies the next weeks because of the major correlation to SPX. To find the BTC bottom find the major american indices bottom.
You can expect big volatility on crypto currencies the next weeks because of the major correlation to SPX. To find the BTC bottom find the major american indices bottom.
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