In this short video analysis, we highlight the correlation between traditional asset Risk-On cycles and their impact on Bitcoin.
Every historical
BTCUSD bull run's start has coincided with a SPY significant Fibonacci level breach and retest.
This past month the SPY has breached the long term 2.618 fib level and is seemingly headed towards the 3.618, with no significant retest as of yet.
What will Bitcoin do?
Will we get an SPY retest?
Is the correlation over?
These are the top 3 questions that only the market can answer.
Stay tuned!
Every historical
BTCUSD bull run's start has coincided with a SPY significant Fibonacci level breach and retest. This past month the SPY has breached the long term 2.618 fib level and is seemingly headed towards the 3.618, with no significant retest as of yet.
What will Bitcoin do?
Will we get an SPY retest?
Is the correlation over?
These are the top 3 questions that only the market can answer.
Stay tuned!
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。