Get started
Jonalius

BITCOIN VS. SPY: THE 25 DAY THEORY

Long
SPDR S&P 500 ETF TRUST (BATS:SPY)  
Jonalius  
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
After BTC had a massive rally, it entered a consolidation channel

25 Days later, SPY entered its consolidation channel

Given that SPY has been making slow & steady highs on the C.C, there is a chance a significant EOY rally could follow if the correlation to BTC is 25 days

Theory is as follows: Bitcoin moves 25 Days ahead of the overall stock market
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.