The Long Investor
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$BTC TOP 20
🕑 Added 2025-03-30 11:37:14 +0000 UTC$BTC was showing relative strength against the market but with the market sell off on Friday and how highly correlated these both are, it meant that the 200 Day MA was under pressure and it was lost on Friday.
I do not think anyone should be expecting $BTC to be in different count to the $SPY, the markets are selling off due to macro influences, which will affect the majority of asset classes.
$BTC's own Wave A support level I have set at the 0.38 Fib too at $73.2k, where I expect a bounce for Wave B next up to $95k is possible or even $100k, a rejection here and I believe Wave C is next.
Comments
JessyyRabbit
how would this correlate to mstr chart?
ES B
So weird how Bitcoin is a world wide commodity, asset whatever but it’s tied to the US market. Nothing Russian China Korea Japan London etc do matter except the US market
