SPX500 The stock market is already approaching its ATH.
Are we going to correct after the new maximum of SP500??? This is an interesting question. We have completely absorbed all the decline that happened in February-March. And we are again returning to the highs of 6,148. We are only $15 short now. For crypto, this is not that important, but specifically for $BTC , this could provoke a liquidity breakout.
I hope that everything will be okay with my short position because I really believe a correction in Bitcoin is inevitable to at least 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.