Jefe

Decision Point For Chinese Stocks and Bitcoin

TVC:SHCOMP   None
Shanghai Comp Index has been on a tear but we are now at a decision point. It is very likely that the sudden surge in this index helped BTCUSD break out of indecision. Regardless of the next move in this index, I expect BTCUSD to advance and complete the move towards $9.4k or higher before the downtrend ensues.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.