Bitcoin Liquid Index
Long
Updated

BTCUSD/SPXUSD fractal update

251
Comparing BTC price to S&P 500 with the long-term BLX symbol. The cycle is obvious. Careful, in the short term, we may have a 20-30% drop while BTC flirts with the ATH. After that, the skies are clear for takeoff. Happy trading!
Note
On the monthly view:
snapshot
Note
Short term, something like this is likely
snapshot

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.