BTCUSD vs. SPX: Continued Accumulation Reasoning
Not financial advice.
We have effectively traveled back in time to before the 2017 BTC bull run, relative to the SPX. Now could be a good time to accumulate Bitcoin.
Crucial support at orange line, approximately 30% down from here but we are already below the 2017 ATH. Something to think about at least.
I'll be avoiding altcoins and attempting to trade BTC pairs in the future as well. Happy trading, everyone!
We have effectively traveled back in time to before the 2017 BTC bull run, relative to the SPX. Now could be a good time to accumulate Bitcoin.
Crucial support at orange line, approximately 30% down from here but we are already below the 2017 ATH. Something to think about at least.
I'll be avoiding altcoins and attempting to trade BTC pairs in the future as well. Happy trading, everyone!
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