After Trumps tariffs threats the market paniced and the spx droped dramatically however price seems to be slowing down so we could be at a support level however trying to get SPX at a lower price would be better
With stong fundamentals it's not likely that the spx will continue to drop, in fact it looks really cheap right now, with the market being predicted to surpass it's previous highs a long trade is one of the best positions to be in. This are some great entery points to buy since the price seems cheap relative to what it's been in the recent past
With the increase of 6% today with no drop in the SPX the BTCUSD market indicates that the market still has a bullish sentiment throwards bitcoin and with spx at a posttential resistance point a rally in BTCUSD can be expected. However if DXY continues to rise BTCUSD could drop but with this bullish sentiment it's likely to continue to rally
This seems like a cheap price to get betcoin relative to near market prices
The DXY has been doping for quite some time, this could've inflated the value of bitcoin, however what do the technical say, This is the daily chart analysis and part 1 of the DXY analysis
This are the two long term trades that I found from the analysis in part 1