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BTC vs. Nasdaq Composite structure similarities
Bitcoin
Long
BTC vs. Nasdaq Composite structure similarities
By ramandeep_josen
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Dec 13, 2020
4
Dec 13, 2020
Pretty interesting comparison in BTCUSD (weekly) and Nasdaq Composite (monthly) structures. IFF similarities hold up we could see:
1. Sidewalks BTC price action (in which alts may rally)
2. Eventual explosive upward action (in which alts will sell to put $$ into BTC)
Based on ratios between similarities in time and price we would be looking at a minimum of 50k this time next year.
Just found this interesting and wanted to share
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ramandeep_josen
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