
Good morning legends,
I hope youโre enjoying our Trump inspired, stock market shitting of the bed as much as I am:
SPX Daily
Do you remember when Donald was pro stock market or something along those lines? Well that was short lived, wasnโt it!
Iโm still not sure and the market itself still isnโt sure whether Bitcoin is a true safe haven that is inversely correlated to the stock market, but take a look at the chart:
BTC/USD Daily
With stocks closed for the next few days as itโs the weekend, it adds another dynamic to the correlation and where money is going to flow.
Will we get an early rally on the weekend, or will we have to wait for Mondayโs US trading session to see the real action?
Best of probabilities to you.
Peace โ๐ป.

Return from S&P 500 Smashed ๐, While Bitcoin Finds Some Legs ๐ to forexbrokr's Web3 Blog