Multi timeframe analysis: S&P Kiss of Death leads to BTC crash?

S&P500 is forming the so called Kiss of death that is a strongly bearish signal. We saw that in the last years BTC and the major american indexes showed some correlation.

Bitcoin is approaching a really strong resistance area and in my opinion it will be bounced back and in this video I will show the Short position I will be taking with a 2.6 R/R.

Enjoy the view and let me know what you think.

Comment&share here your visions and ideas. Leave a like to support my work.

Trade ativo:

Sto not yet touched and enlarged a little bit. We are growing with no consisten volumes. I may expect a violent retracement.

Trade carefully and pay particular attention