In this short video analysis, we highlight the correlation between traditional asset Risk-On cycles and their impact on Bitcoin.
Every historical $BTCUSD bull run's start has coincided with a SPY significant Fibonacci level breach and retest.
This past month the SPY has breached the long term 2.618 fib level and is seemingly headed towards the 3.618, with no...
The chart construct is impeccably similar to February of 2017, before the bull run.
Large falling wedge followed by buy signals on the phantom script, post liquidity grab.
This chart is likely to go on a run.
ETH Being ETH, it could lift the market with it.
Keep an eye on $ETH folks!