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- Quick update. the chart is speaking by itself.
- this a 1W TF analyze but if u go smaller TF, u will shock to see how BTC is linked to Nasdaq.
- BTC is simply cloning Nasdaq 100% from 8 November 2021.
- This happened already on 17 Feb 2020 when Covid knocked our doors.
- Those dips moves can be kind of "over pressured", i means by that : if Nasdaq loses 5%, BTC could lose 20%, Altcoins will cry -50%++. just the normal way.
- Just follow Nasdaq could be a smart way, TheKing is still young, and for now US100 "mastodon" acts as a World termometer.
- i will link in comments my older analyzes on Nasdaq. this will help to define a possible bottom.
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Happy Tr4Ding and Stay S4fe !
- Quick update. the chart is speaking by itself.
- this a 1W TF analyze but if u go smaller TF, u will shock to see how BTC is linked to Nasdaq.
- BTC is simply cloning Nasdaq 100% from 8 November 2021.
- This happened already on 17 Feb 2020 when Covid knocked our doors.
- Those dips moves can be kind of "over pressured", i means by that : if Nasdaq loses 5%, BTC could lose 20%, Altcoins will cry -50%++. just the normal way.
- Just follow Nasdaq could be a smart way, TheKing is still young, and for now US100 "mastodon" acts as a World termometer.
- i will link in comments my older analyzes on Nasdaq. this will help to define a possible bottom.
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Happy Tr4Ding and Stay S4fe !
Note
Older Nasdaq Analyze here :
Note
PS : the second Vertical Red Line in BTC Chart is not well placed ( don't know why i moved it), should be on 8th November 2021.
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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.