Bitcoin Catching up to Traditional Finance

TVC:SPX   S&P 500 Index
Bar chart = S&P500, red MA = 111W MA for S&P500 (taken from PI Cycle Indicator)

Orange line chart = BTC, orange MA = 111W MA for BTC

Key takeaway: Notice how we are dipping much lower from the 111 and we are still lagging roughly 8 months behind on the "catch-up" move to traditional markets.

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