BTCUSD - Short-term drop is expected!
-One thing the market learned this year was that BTC sometimes acts highly correlated to the market, especially when it drops.
-Today SPY confirmed the Double - Top formation which brought SPY back to $435 from the previous day's $440 levels.
-We expect BTC to further follow SPY down to $40,000.
-Today SPY confirmed the Double - Top formation which brought SPY back to $435 from the previous day's $440 levels.
-We expect BTC to further follow SPY down to $40,000.
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