Decodingthemarket

1/1 S&P 500 vs Bitcoin

Short
BITFINEX:BTCUSD   Bitcoin
3 Big Market Dips for S&P 500 Recorded
#1 Market Crash 1973-1974
#2 .com bubble 2001
#3 Recession 2008
#4 Possible Recession 2022-2023
Bitcoin facing its first Recession alongside the S&P 500
If Bitcoin continues to be correlated with the S&P 500 as the chart shows
S&P 500 must hold above the weekly MA 200 level
to avoid the possibility of making a recession official

NFA
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