BTC Looking to Rise Against The SPX with Inflation Expectations

It is sort of starting to look like Bitcoin will soon start to move inverse to the SPX and become more positively correlated with a Defensive Asset or Inflation Hedge which would mean we could see BTC more than double in value against the SPX as the BTCUSD pair starts to trade similarly to Cocoa or OJ futures once it breaks out above the resistance.
Bitcoin (Cryptocurrency)btcspxFLAGFundamental AnalysisinflationSPX (S&P 500 Index)supportandresistancezonesTrend AnalysisWave Analysis

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