BTC/S&P500 weekly looking like August 2020Two wedges/triangles being retestet after a breakout.
The one in 2019/2020 was more like a triangle as it had a steeper upper line down slope and was way shorter then this current one.
However August 2020 S&P500 was not going down like it does now.
Note that BTC nearly never goes up when S&P goes down.
Could mean that S&P is done going down soon aswell if this pattern were to play out similar to 2020.
