BTC vs SPX500: Bitcoin acts more reasonably than S&P 500 now
Wasn't thinking I'll ever say something like "Bitcoin acts more cautiously than the stocks".
Yes, I'm talking about the bloody BTC who is terribly known as an extremely volatile and overinflated bubble without any real value.
As we see on the chart during last two weeks, SPX was growing much more rapidly than BTC.
Is there any reasonable excuse for that grow?
Of course, the answer is "NO".
It looks like classic stock markets are overestimating the "positive" messages coming from the states executives regarding the current economy situation.
I'm afraid that very soon we will see the punishment for that blindly-optimistic behavior.
And will use this moment as a good chance and the opportunity.
"Buy when there’s blood in the streets, even if the blood is your own" as Nathan Rothschild probably said.
Yes, I'm talking about the bloody BTC who is terribly known as an extremely volatile and overinflated bubble without any real value.
As we see on the chart during last two weeks, SPX was growing much more rapidly than BTC.
Is there any reasonable excuse for that grow?
Of course, the answer is "NO".
It looks like classic stock markets are overestimating the "positive" messages coming from the states executives regarding the current economy situation.
I'm afraid that very soon we will see the punishment for that blindly-optimistic behavior.
And will use this moment as a good chance and the opportunity.
"Buy when there’s blood in the streets, even if the blood is your own" as Nathan Rothschild probably said.
Good luck in trading!
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You can find more useful content and trading cases in
Riskoholics Telegram Channel
t.me/riskoholics
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