A simple Bitcoin-to-S&P500 ratio gives the grand idea of what's about to happen in the markets in the following weeks.
The ratio is about to form a 1day MACD Bullish Cross, much like the one on January 20th 2020, on the exact same zone.
As today, it was the time the price was between the 0.5-0.236 Fibonacci range and as it approached the Halving, it want for the Falling Resistance test of the Bear Cycle.
Needless to mention that the parabolic rally followed.
This tells you that it may be time to start making adjustments to the risk part of the portfolio and gain more exposure to Bitcoin than stocks.
The return will be far greater. What do you think?
Follow us, like the idea and leave a comment below!!
The ratio is about to form a 1day MACD Bullish Cross, much like the one on January 20th 2020, on the exact same zone.
As today, it was the time the price was between the 0.5-0.236 Fibonacci range and as it approached the Halving, it want for the Falling Resistance test of the Bear Cycle.
Needless to mention that the parabolic rally followed.
This tells you that it may be time to start making adjustments to the risk part of the portfolio and gain more exposure to Bitcoin than stocks.
The return will be far greater. What do you think?
Follow us, like the idea and leave a comment below!!
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