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BTC and SPX500 - BFFs once again
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A video about the two markets.
BTC should find support around 12.5k eventually but a bounce first to 16300-400 could be first. SPX could also bounce after or before CPI to it's 18ma (currently around 3790), but I would consider it a sell on any bounce. The bearish option of a C leg going lower to test the October lows next week is much more probable after today's action. Good luck!
BTC should find support around 12.5k eventually but a bounce first to 16300-400 could be first. SPX could also bounce after or before CPI to it's 18ma (currently around 3790), but I would consider it a sell on any bounce. The bearish option of a C leg going lower to test the October lows next week is much more probable after today's action. Good luck!
Ghi chú
SPY 18ma is about 377, for me that would be a short if they bounce to it. Ghi chú
BTC 1 and 2 of C look finished. wave 3 next 
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