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BitCapJNY
Mar 25, 2020 11:35 AM

S&P500 + BTC.. I KNEW SOMETHING WASN'T RIGHT 

Description

BTC SHOULD have dumped earlier.. I couldn't figure out WTF was going on, or why my TA was so off.

SOMEONE. Most likely the US GOVT -Pumped the S&P, and pumped it HARD.

They literally just took a match to all the money used in that pump. It's really disgusting how corrupt, evil and greedy they are. Disgusting.


S&P 500 is in WHITE.


FUG.
Comments
DanielLt
interesting.... these pumps would be a good choice in the short term...

but the corona is here to stay much longer, the economy will not just resume like Trump wants.. at least 1 more month, so the probability is that this was just a dead cat bounce and stocks will crash again heavily.

I'm not sure if some of that money will flow to BTC or not... we never know.
BitCapJNY
@DanielLt, 1 more month is extremely ambitious. It's hard to say right now what exactly is going to happen, but until BTC is able to decouple from traditional markets, we should continue to expect the price to fall.
VincePrince
Interesting work, seems logical to me
BitCapJNY
@VincePrince, legacy trend line is technically still valid. Hopefully we don't see another capitulation and the price fall below again.
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