SPX500 The stock market is already approaching its ATH.
Are we going to correct after the new high on SP500??? This is an interesting question. We have completely absorbed all the decline that occurred in February-March. And we are returning to the highs of 6,148. We are only $15 short right now. This is not so crucial for crypto, but specifically for $BTC it could provoke a liquidity breakout.
I hope everything will be okay with my short position because I truly believe that a correction in Bitcoin is inevitable to a minimum of 104600. I will hold my trade.
Share your thoughts on the correlation between the stock market and Bitcoin, and whether you use this chart in your trading at all.
