GrayAtreides

S&P Relation To Crypto

SP:SPX   S&P 500 Index
So the S&P rarely breaks the moving average it is currently sitting on, but when it does, there is massive pain in the crypto world. If you're not already in the market, a scary support line is a great opportunity, but make sure to hold some reserve because if it breaks and we have a catastrophic dump, that is what you REALLY want to get into.

My prediction is that the S&P is settling into a consolidation pattern, and once the crypto market adapts to this, there will be one last ride before a global crisis :D burn baby burn. Enjoy.

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