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]

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

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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]

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