PEPEUSDTPEPEUSD Today, PEPE will be listed on BitFlyer, biggest crypto exchange in Japan, serving for 120M people.PEPE has most listings around the world from all memes 🐸👍
BTCUSD Bitcoin is mostly independent of Nasdaq (stock index) except when Nasdaq dumps.
When Nasdaq dumps, Bitcoin dumps.
On Monday, Nasdaq had a monster dump and Bitcoin also had a capitulation down to 97.7K (as predicted).
And the larger correction since 17 December has been in timing with the Nasdaq correction.
Both appear to be printing a 3 wave correction.
Bitcoin hasn't moved as severely as Nasdaq through the Monday bloodbath but if Nasdaq prints another wave down, the sting is often in the tail in this relationship and crypto may see short term selling climaxes similar to that we saw in the summer.
Risky coins such as newer meme coins might be a leading indicator to what happens next...
It looks like they may be in a higher time frame wave down since January.
For those of you interested in my work, notice that the time these memes topped was exactly when TOTAL hit the next critical ratio 🧐Idea:TOTAL - The Holy Grail