Bitcoin vs SP500

9 ביולי

Cryptocurrencies are experiencing a deep pullback, with BTC now in the 50k-55k zone. Good Elliottwave correction from the top so far, so I think there can be more upside. But, but, wahts the biggest risk? If stocks pull back, thenn cryptos may struggle to recover.

Historically, it's rare to see cryptos up when stocks are down. Something to keep in mind...

GH