Bitcoin and the S&P 500

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

XQ8

Everything there is to explain is on the chart.

But! keep an eye out for the 100ema on the weekly, if it falls below be BEARISH .

Sometimes Bitcoin and the S&P 500 move toghetter and at other times they do their own thing, but what happens when the stockmarkets are at the end of their run it’s been in since 2009. They both seem to be at the last of the last wave now.

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