Market Cap BTC, $
Long

BTC/SPX - pausing the falls

62
BTC is showing a bit of strength compared to stocks - we haven't bounced as planned yet - but the price of Bitcoin is ranging when SPX was falling - therefore Crypto seems to handle this area pretty well. Expecting a push to the upside for stocks - which could trigger a stronger response for crypto - as per this chart suggestion. All indicators are either low or exhausted - a relief is in the area.

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.