We can notice that Price movement between these two is very correlated. What I want to point out is the M pattern that bitcoin has also recently printed the last year. Could BTC follow this very pattern and go into a blow off top over the next several months? Personally I think it's a strong possibility that only time will reveal to us.

With more and more wall street and institutional investors now in the crypto space, could this be the road to 200k bitcoin?


This Is not financial advice.
BLXBTCUSDChart PatternsdowjonesS&P 500 (SPX500)Trend Analysis

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