BTC highly correlate with SPY since 2020 covid pandemic and I believe in the future BTC will behave more and more likely as SPY with less volatility.
As you can tell from my previous post, BTC shows almost the same pattern as SPY. Therefore, the TA idea works for SPY can also be applied to BTC.
Purple box is the first target region but I really question that BTC could hold that level since it had been tested for so many times. We will see.
As you can tell from my previous post, BTC shows almost the same pattern as SPY. Therefore, the TA idea works for SPY can also be applied to BTC.
Purple box is the first target region but I really question that BTC could hold that level since it had been tested for so many times. We will see.