In trading terms, a historical pattern emerges when the Federal Reserve initiates a rate cut, often resembling a "correction" in response to previous actions. This correction tends to usher in a phase of further market decline, as the downward momentum of the train must come to a halt. Simultaneously, the government's implementation of quantitative easing (QE) or...
Bull Market Ending. Short Everything.
NEO RSI Overbought - Correction Incoming
There are several CME gaps formed in lower ranges on the 4H charts.
BTC has a strong correlation with the global stock market. If we are in for another wave, which I believe is the case, we should see a huge sell off in Bitcoin as well.