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Bitcoin / TetherUS

BTC being pulled down by WallStreet

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With the news from Africa about the new COVID variant Wall Street has been selling off. VIX is on the rise and both NQ1! and ES1! have been tanking.

You can clearly see the strong correlation between the NQ1! and BTCUSDT over the long term although they have their divergences. When we look at the lower timeframe BTC and NASDAQ don't always move together but right now the correlation is strong and undeniable.
snapshot
JoshuaDanford
Discord - discord.gg/ue5PHrgkCZ
Also on:
Beyond Technical AnalysisBTCCoronavirus (COVID-19)Fundamental AnalysisNASDAQ 100 CFDnasdaqomicronSPX (S&P 500 Index)S&P 500 (SPX500)VIX CBOE Volatility IndexVolatility

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisBTCCoronavirus (COVID-19)Fundamental AnalysisNASDAQ 100 CFDnasdaqomicronSPX (S&P 500 Index)S&P 500 (SPX500)VIX CBOE Volatility IndexVolatility
JoshuaDanford
Discord - discord.gg/ue5PHrgkCZ
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.