TA:
Bitcoin has made a strong move, although overshadowed by Ethereum's big pump- but we have to look at the fact that Bitcoin has disbanded from the correlation with the SPX- this can be a good sign for BTC as the tide and narrative will shift to Bitcoin being one of the best investments this year.
As we can see BBTC has made a strong wick upwards, in comparison to the downward pressure of the SPX.
This could be a sign of institutional money flow and the question is whether the money is now moving to BTC.
-Megalodon (Rahim)
You are welcome to share your ideas below and let me know what you think of this.
BTCUSDTBTCUSD$BYBIT:BTCUSDBTCUSD
Bitcoin has made a strong move, although overshadowed by Ethereum's big pump- but we have to look at the fact that Bitcoin has disbanded from the correlation with the SPX- this can be a good sign for BTC as the tide and narrative will shift to Bitcoin being one of the best investments this year.
As we can see BBTC has made a strong wick upwards, in comparison to the downward pressure of the SPX.
This could be a sign of institutional money flow and the question is whether the money is now moving to BTC.
-Megalodon (Rahim)
You are welcome to share your ideas below and let me know what you think of this.
BTCUSDTBTCUSD$BYBIT:BTCUSDBTCUSD
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.