Your red pockets are coming right at you China.. SELL
Updated
China A50 is facing bearish divergence.. running out of steam, now COVID cases increasing before chinese new year.. set your bids for Bitcoin lower because this index and bitcoin are correlated
Note
hm.. this idea is invalid even though Bitcoin was dragged down.. Historically, A50 makes its move before bitcoin does.. so we can expect a nice bounce on BTC price..
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.