Breaking my head about this: generally BTC and S&P500 move in tandem (correlated). But sometimes there are short periods where S&P dumps while BTC pumps (4 yellow areas). Usually just before a bull market really takes off. I wonder why and if we will see a similar situation soon?
I have spent hundreds of hours analyzing the market to come to the conclusion that:
Capitulation is a matter of time. $BTC should reach 12ks, $ETH 600-700, altcoins should drop 40-50% and shitcoins 50%+.
I won't post any more here until confirmation or invalidation.
Good luck!
One thing is clear:
Many altcoins are on a bearish parabola. Parabolas, when broken, cause large corrections (in this case upwards). The parabolas are not over yet though, but almost.
The 6th Great Bull Run in the history of #Bitcoin begins.
The Halving has no effect on the Bitcoin chart, it is the Stock Market that dictates the start of #BTC Bull Runs and the structure of Cycles.
Here is a proof of that.
#Crypto