$MSTR / $BTC Price Divergence

23 de ago. de 2022

MSTR / BTC (and many alt's in the green still for the day) are clearly off track from their usual correlation in the past hour+ from US market open. DXY's pullback should imply we'll see BTC / MSTR head higher, but right now, it's any one's guess. BTCUSD is forming a prety nasty little M pattern on the 5m chart. New York is looking prehaps to bring the prices down and cash in on the bull's who were too ambitions getting in on this morning's positive opening momentum? I'm still holding my short position. My guess is we're simply hitting too much resistence still, and the accumulation trend continues...