Bitcoin due for a correction
Heikin Ashi has turned red, and the daily bollinger bands are signalling a move is coming.
Considering that SPX and bitcoin are both due for a correction and they're both correlated (due to the risky nature of the assets).
Also once a heikin ashi has turned red on the weekly which has also happened on SPX, DJI, Willshire 4500... The odds of the next 2 to 5 weeks giving low or negative return are roughly 80%
Considering that SPX and bitcoin are both due for a correction and they're both correlated (due to the risky nature of the assets).
Also once a heikin ashi has turned red on the weekly which has also happened on SPX, DJI, Willshire 4500... The odds of the next 2 to 5 weeks giving low or negative return are roughly 80%
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