Following up on my previous postings on the VIX/BTC relationship and possible conclusions from it on a successful trade, I up-dated my analysis as my personal view on the matter.
From a cycle analysis perspective, we will get a VIX peak around 3/15 to 3/19, which means we will get a BTC trough as well around that time. The VIX might go into the 30th as we have not yet approached the SPX trough, though we might get a bear flag for a few days before it goes down again, bcs the market is oversold.
Conclusions: watch IBIT, MSTR for a short/interm. term successful trade! Stay save ....
From a cycle analysis perspective, we will get a VIX peak around 3/15 to 3/19, which means we will get a BTC trough as well around that time. The VIX might go into the 30th as we have not yet approached the SPX trough, though we might get a bear flag for a few days before it goes down again, bcs the market is oversold.
Conclusions: watch IBIT, MSTR for a short/interm. term successful trade! Stay save ....
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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.