CryptoFundManager

Bitcoin to follow SPX and Nasdaq100

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Who doesn`t see the correlation between Bitcoin and the stock market, i think it doesn`t pay enough attention to them.
The same guys and institutions who buy stocks, diversify the portfolio into Bitcoin , so the buying and selling pattern is similar.
Seems like the fact that Paypal accepts Bitcoin is now enough to determine the price to rise higher.

Are S&P and BTC bullish for the long term? Are they bearish now? My answer is yes for both. And i try to buy the dip.

If you are interested to test some amazing BUY and SELL INDICATORS which i use in this chart, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.

Comments

We will see a paradigm shift in the correlation of assets, I see it similar.
+1 Reply
@VincePrince, Bitcoin has a small delay.
Reply
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