Last couple of days I used BTC as an indicator to buy or sell as it hit support and resistance. This NQ overlay on top of BTC makes me wonder if it is now tracking the market, with a tendency to overshoot the selloffs.
Still trying to figure out BTC, I made money because of it this week, so I'll keep an eye on it. I have to anyways because I left open some BITO puts, lol.
Still trying to figure out BTC, I made money because of it this week, so I'll keep an eye on it. I have to anyways because I left open some BITO puts, lol.
Note
The funny thing is, it shows you that Cryptos are anything but decentralized or independent of financial markets.We'll see how much Cryptos Europeans want to buy with their Russian gas supply shut off.
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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.