olmo19

BTC and SP500: Bullish correlation

Short
BNC:BLX   Bitcoin Liquid Index
You can see how a bullish SP500 helps BTC.

When SP500 exceeds the previous ATH and makes the pullback, it advances the new BTC ATH in several months.

Therefore, the $ 2950 level in the SP500 is an excellent reference to know months in advance if BTC will exceed 20k and get a new ATH.

If the SP500 fails to maintain $ 2950 it will support the bear market of BTC.

Comments, likes and donations are all welcome. Thank you!
BTC:158d9VitiGpLGjB4wb8Ljg9PJcJbdSRHKj
BCH:qrq7plmw3zltgfkhdnmgpdl203aw60a9jck3sqv00p
ETH:0x66182Cb5b88c2b34CB9C76C5195b7Df8B3e25f08
DASH:Xg7FdLfr6ckx3sGezzj6PRCvuog7Eav6Ee
LTC:LQ5h8LvfejqSKqWzxGnf7Yh2d2qejdgJ5S
NEO:AP2MieTJ3gAHre5SFJr8husWhAvALtRZy7
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.