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nmchary

FEDFUND vs SPX vs Bitcoin

Effective Federal Funds Rate (FRED:FEDFUNDS)  
nmchary  
FRED:FEDFUNDS   Effective Federal Funds Rate
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) fedfundsrate federalreserve bitcoinprediction BTCUSD btcusdanalysis bitcoinmarkets
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trendanalysis chartpattern indicator spx500 spx fedfundsrate federalreserve bitcoinprediction btcusd btcusdanalysis bitcoinmarkets
Hello,

Looks like Federal fund rates are going to be in uptrend (Double Bottom + Bullish Divergence in RSI), in the past from 1958 to somewhere around till 1980 SPX was in sideways move or economic decline.

Can we see something similar kind of movement in SPX?
IMO yes.

So, will Bitcoin follow SPX?
IMO Bitcoin also moves in sideways, or Bitcoin is risk on asset so may make lower lows.
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