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Todopoderoso
Apr 10, 2021 6:01 PM

BTC and STOCk market correlation 

Bitcoin / United States DollarCoinbase

Description

i think the stock market had reach a point where it could correct, it has gone without a retrace for quite a while now and see see some type of correlation between them when it dips., i would advise my followers to HAVE cash available on the sidelines incase it does corrects , this is speculation only it could or may not happen next week but its better to be safe . good luck
Comments
SLOPolarBear
Interesting idea. Have you done any microanalysis of those pullback zones to see who's wagging the dog? I imagine gold, silver, and lots of other commodities line up with the market as well. Maybe just a case of correlation w/o causation? When the building is on fire everyone tends to grab their wallets and run for the exit. Those BTC peaks certainly look like a smoking gun to exit positions though. Cheers!
Todopoderoso
@SLOPolarBear, i havent done that but it would be interesting to find out indeed.
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