Long
The Macro Bull Case for Bitcoin 2022
SUMMARY: Why Bitcoin is Macro Bullish.
I compared several indices to build the Bull Case for Bitcoin in the short and medium term and why this recent dip is a buying opportunity.
Firstly, we look at the S&P500 (SPX) to understand why it is in a strong bull market and why its matters to BTC.
Secondly, we look at the TOTAL crypto market cap and why the recent pull back is demonstrating a strong uptrend momentum
Thirdly, we examine the Bitcoin weekly and daily charts.
Finally, we look at the NASDAQ technology index and why both Ethereum and NASDAQ and rebounding so strongly.
I hope you find this informative. Please hit the LIKE
Let me know what you are seeing in the markets?
I compared several indices to build the Bull Case for Bitcoin in the short and medium term and why this recent dip is a buying opportunity.
Firstly, we look at the S&P500 (SPX) to understand why it is in a strong bull market and why its matters to BTC.
Secondly, we look at the TOTAL crypto market cap and why the recent pull back is demonstrating a strong uptrend momentum
Thirdly, we examine the Bitcoin weekly and daily charts.
Finally, we look at the NASDAQ technology index and why both Ethereum and NASDAQ and rebounding so strongly.
I hope you find this informative. Please hit the LIKE
Let me know what you are seeing in the markets?
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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.
Related publications
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.