A lot of opinions floating around about how BTC will do in the next while.
Opinions aren't as reliable as charts.
Inverted cup and handle is incredibly close to being confirmed. The potential drop is huge.
Based on the pronounced correlation between NASDAQ and BTC lately (BTC as a leading indicator), this could be a huge mess for equities.
Opinions aren't as reliable as charts.
Inverted cup and handle is incredibly close to being confirmed. The potential drop is huge.
Based on the pronounced correlation between NASDAQ and BTC lately (BTC as a leading indicator), this could be a huge mess for equities.
Note
The dance on the knife's edge continues...So much trepidation in the market this week so far. Lots of greed being checked by caution (just don't look at the AMC/GME charts)
Note
The sideways chop doesn't say a damn thing.I'm waiting for drop under like $32k-$33k.
Note
Now possible bearish flag. Key price may be more like $33k-$34kNote
$33K-$34K. Stay tuned...Note
Looks like the mirror is broken. NASDAQ is no longer trading in sympathy with BTC.Possible money is flowing from BTC into equities (in particular, meme stocks which are well loved by a lot of the bitcoin crowd).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.