Bitcoin below 31K - how far will this go?

[369]

13k with quick AB to 18-20k

 

[Golden Fleece]

Bitcoin will follow the stock markets. This is where we are now on the fear / greed index:

 

[369]

Bitcoin will follow the stock markets. This is where we are now on the fear / greed index:

View attachment 3859

lol bitcoin doesn't follow stock market but wyckoff schematic....stop spreading public bs.
stock market is similar to wyckoff and not the other way round

 

[Golden Fleece]

lol bitcoin doesn't follow stock market but wyckoff schematic....stop spreading public bs.
stock market is similar to wyckoff and not the other way round

The stock market and Bitcoin are now highly correlated. That is a fact that you can easily Google.

A year ago, bitcoin was negatively correlated with the two stock indexes.

The correlation between bitcoin and the S&P 500 is 0.59, while the cryptocurrency is even closer to the Nasdaq, at 0.82, according to Arcane Research.

https://www.ai-cio.com/news/battered-stocks-and-bitcoin-are-increasingly-correlated/