BITCOIN | A Boring approach
We use mass psychology to predict BITCOIN,
The only Fundamental aspect of BTC is to render a complete data of entire financial market,
and if we correlate SPX and GOLD we can see a clear approach where SPX is extremely Overbought
Market is floating upon leveraged Debt and the only question is weather SPX will give a dramatic fall or a slow meltdown.
By keeping an eye on Index's volatility we can forecast the price of BITCOIN which is very unpredictable at the moment,
IN SHORT: BE SAFE next big moments are coming!
The only Fundamental aspect of BTC is to render a complete data of entire financial market,
and if we correlate SPX and GOLD we can see a clear approach where SPX is extremely Overbought
Market is floating upon leveraged Debt and the only question is weather SPX will give a dramatic fall or a slow meltdown.
By keeping an eye on Index's volatility we can forecast the price of BITCOIN which is very unpredictable at the moment,
IN SHORT: BE SAFE next big moments are coming!
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.