Kazonomics

Bitcoin vs Spx500 Correlation with both at Key Levels

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
CB's are stepping to stop the bleeding the question is can they really do it. Right now the fears of Coronavirus are finally making sense with the VIX and officials being forced 2 take any emergency actions to mitigate risks of a run away pandemic. However if any further news drops about potential risk to leadership we can be back at lows in moments. 2018 lows have hit by both Bitcoin & SPX500 both levels are key, if they can hold we may yet avoid armageddon. VIX is still very high and normal risk assumption doesn't resume till we are below 21 caution is still advised stay safe peeps on or off the charts Corona isn't over yet πŸ˜·πŸ‘

Comments

it's great analysis)
+6 Reply
Call me crazy but I actually think this is coming, crypto would probably get wiped out in this case

+4 Reply
WarpDrive Mansasuma
@Mansasuma, you still sane?
+1 Reply
significant analysis
my short-term setup
+3 Reply
see you at 2500!
+2 Reply
long time no see kaz, hope your doing well physically/emotionally these days, glad to see your charts again
+1 Reply
Comment removed
best in the world
+1 Reply
The play back on this chart is gonna be insane! #mjofta
Reply
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