June 24, 2026

MACRO BEARISH PICTURE FOR BTC/ STOCKS

MACRO BEARISH PICTURE FOR BTC/ STOCKS

MACRO BEARISH PICTURE FOR BTC/ STOCKS

MACRO BEARISH PICTURE FOR BTC/ STOCKS

Bitcoin / TetherUS BINANCE:BTCUSDT
TRDr11


MACRO BEARISH PICTURE FOR BTC/ STOCKS

So BTC has been correlated to stock market especially to NASDAQ nearly perfectly. Very hard to predict any moves on lower time frames as we rely on traditional markets. Best to do is bid at the best monthly/weekly supports in low 30ks. Looking at two scenarios:
1. Either we bounce from low 30ks and continue crab range into the mid 40s
2. Or we capitulate below support, loose that level and then bounce back much stronger with new ATH target.

BTC currently still at the weekly support in 38k and it finds the bids there. Would definitely not short in that area until we lose 38k and then retest it. Patience wins the game so still waiting for 30ks to play out OR a move above 43k to show strength.

Previous Article

BTC Chances have to go up

Next Article

Bill Regulating Crypto Mining Submitted to Russian Parliament

You might be interested in …

Bitcoin Market update

Bitcoin Market update

Bitcoin Market update Bitcoin / Tether KUCOIN:BTCUSDT CryptoBlanco Bitcoin has formed a double bottom , signifying a weakness in the bearish momentum. If #BTC breaks the upcoming resistance level of 47.5k-45.8k we could see a […]

love my blue lines . .

love my blue lines . .

love my blue lines . . Bitcoin / U. S. Dollar KRAKEN:BTCUSD nigel62e 37000 bottom – then off . . I still think the momentum for BTC / Crypto is now way too big . […]

Harmony ONE Double Bottom

Harmony ONE Double Bottom

Harmony ONE Double Bottom Harmony / TetherUS BINANCE:ONEUSDT bunyboo Harmony is a strong FA project that is currently forming Adam and Eve double bottom . If BTC continues bullish trend , which is very likely, […]