MarcoOlevano

#BTC vs. #SPY, interesting observation

Long
If you look at the relative chart of Bitcoin vs. the SP500 , you will notice this is an area where we generally start to see the crytocurrency outperform against the stock market. Some might argue the Nasdaq is a better comparison, but interestingly enough both relatives look very similar. Also notice how every time the relative of the RSI reaches 35, we tend to see a bounce in Bitcoin vs. the SP500

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