Your red pockets are coming right at you China.. SELL

Short

China A50 (OANDA:CN50USD)

Updated

OANDA:CN50USD China A50

Trend Analysis Supply and Demand Technical Indicators CINA Bitcoin (Cryptocurrency) BTC short

trendanalysis supplyanddemand indicator cina bitcoin btc short

China A50 is facing bearish divergence.. running out of steam, now COVID cases increasing before chinese new year.. set your bids for Bitcoin lower because this index and bitcoin are correlated

Comment:

hm.. this idea is invalid even though Bitcoin was dragged down.. Historically, A50 makes its move before bitcoin does.. so we can expect a nice bounce on BTC price..

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