Bitcoin Traders Need to know
Perhaps some of you Bitcoin traders may have noticed that BTC and the stock market have been highly correlated since their respective February highs.
This is important because there is a Stock Market wave count that suggests that an Elliott Wave count of 5 has ended; one that began in 1982.
If that count is correct, then a downturn worse than any seen since at least 1966, if not longer, has begun. Time will tell, of course.
If the tight correlation between the BTC and stock markets continues (?) then Monday 6/22 might be a harsh day. Stay alert…
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