SUMMARY: Why Bitcoin is Macro Bullish.
I compared several indices to build the Bull Case for Bitcoin in the short and medium term and why this recent dip is a buying opportunity.
Firstly, we look at the S&P500 (SPX) to understand why it is in a strong bull market and why its matters to BTC.
Secondly, we look at the TOTAL crypto market cap and why the recent pull back is demonstrating a strong uptrend momentum
Thirdly, we examine the Bitcoin weekly and daily charts.
Finally, we look at the NASDAQ technology index and why both Ethereum and NASDAQ and rebounding so strongly.
I hope you find this informative. Please hit the LIKE
Let me know what you are seeing in the markets?
I compared several indices to build the Bull Case for Bitcoin in the short and medium term and why this recent dip is a buying opportunity.
Firstly, we look at the S&P500 (SPX) to understand why it is in a strong bull market and why its matters to BTC.
Secondly, we look at the TOTAL crypto market cap and why the recent pull back is demonstrating a strong uptrend momentum
Thirdly, we examine the Bitcoin weekly and daily charts.
Finally, we look at the NASDAQ technology index and why both Ethereum and NASDAQ and rebounding so strongly.
I hope you find this informative. Please hit the LIKE
Let me know what you are seeing in the markets?
