Looking at the 1M BTC Chart Over the DJI Index I cannot help but notice a 2018 type similar fractal fib retracement pattern. With the current market conditions could lead to a possible retracement on the DJI Index to the 18k-21k $ region, in that scenario we can expect BTC to retrace to the 7k-10k $ levels. Described a possible playout with plenty bull traps and...
AS you can see this the chart of bitcoin compared to Dow Jones Industrial Average it is simply calculated by dividing bitcoin price by DJI it gives us a imaginary market where bitcoin is base asset and DJI is quote asset and should be written like this: BTCDJI
this is really interesting chart to me. the most interesting chart is that in recent 12 days bitcoin is...
