Comparing 100 Years of S&P500 With Bitcoin - Bulls Aren't Done
The entire market is extremely bearish from pricing in the expected rate hikes from the Fed. I believe this is an overeaction that leads to a short squeeze, FOMO, and one final leg up that really makes the coming crash that much worse.
I'm also using Elliott Wave analysis to compare BTC with the S&P500 and provide details as to why I believe there's still room left in this bull market.
I'm also using Elliott Wave analysis to compare BTC with the S&P500 and provide details as to why I believe there's still room left in this bull market.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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