You are a trader and you spot one Bullish divergence on Bitcoin but a Bearish Divergence in the stock market. Both are in the daily time frame. What are you going to do ? Its a very simple answer, which market is the bigger market? If the bigger market takes a hit, it will be over for every single market below the bigger market. What is bigger than the market? The FED is bigger than the Market! Is the FED in trouble? So it def affects the market.
Stock Market > Crypto Market
Crypto Market > Watch Market
If stocks go down, Crypto goes down
If Crypto goes down, Watches go down
Very simple. So why are people ignoring the bearish facts on the bigger market ? And fully relying on the smaller market? It doesnt make sense
