📊 There is a major bullish divergence that has been forming over the past two weeks:
📉 Bitcoin's market value has DROPPED -5.9% since Aug. 22nd
➡️ S&P 500 has RISEN +0.4% since Aug. 22nd
📈 Gold has RISEN +5.5% since Aug. 22nd
🧐 Since early 2022, cryptocurrencies have been especially correlated with equities, as institutionals have increasingly added exposure to them alongside their stock holdings.
🤞 In cases like this divergence over the past 2 weeks, Bitcoin (and altcoins) have a high probability of playing "catch up" when they trail world economy price trends for a sustained period of time.
🔖 The larger the gap between equities and $BTC gets, the stronger the argument there is for an upcoming crypto bounce. Bookmark this chart and follow along with the correlation: https://t.co/oaHwGnJfO2
Nexus (NXS) IS LISTED ON DEX-TRADE
https://t.co/12VyW9TqWN
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💱 Trading Pair:
NXS/USDT
https://t.co/hjSOANfVyI
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🌐 Website: https://t.co/l491wd6oa3
🐦 X: https://t.co/4wiYDFcEIs
👥 X (Community): https://t.co/jm8XWZs9pU
💬 Telegram: https://t.co/WfCXFCVqt7
💻 GitHub: https://t.co/1cLyP3bNUq
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You need to consider the possibility that altcoin dominance is breaking out from a 7-year correction.
That the 2021 leg wasn't even impulsive.
That this 7-year RSI falling wedge will send altcoin strength on its first impulsive move in 8 years.
Next step on our agenda is to create a swap service between our own USD stablecoin $USDD and $USDC on Solana (and potentially other chains).
This will utilize the existing infrastructure built for crypto-fiat on-/off-ramps, while providing a bridge into Nexus DEX and ecosystem.
New ATH’s this week
If you sell you are raging homo
Don’t listen to doomtards or punani boys
We are literally MELTING THE FUVK UP AND TGERES NOTHING YOU CAN DO ABOUT IT
At $2 RUNE, you were early.
At $5 RUNE, you’ll hesitate.
At $33 RUNE, you’ll cope.
Choose your path wisely.
Zero inflation means price pressure is one way only: 📈