Technical analysis by RizeSenpai about Symbol BTC: Buy recommendation (5/24/2024)
https://sahmeto.com/message/2539057

RizeSenpai
Rank: 13544
Analytical Power:
1.5

It is sort of starting to look like Bitcoin will soon start to move inverse to the SPX and become more positively correlated with a Defensive Asset or Inflation Hedge which would mean we could see BTC more than double in value against the SPX as the BTCUSD pair starts to trade similarly to Cocoa or OJ futures once it breaks out above the resistance.
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$67,256.92