Nextep

Combined Crash of Stock and BTC

Short
BITSTAMP:BTCUSD   Bitcoin
BTC has been going up together with the stock market and gold since January, still i think BTC and the stock market will be considered correlated since traditional gold will attract more cash. I know this is against the current trend but I think panic in the markets will scare some money away from Risk assets like BTC so i think there could be some chance we could see a combined sell off, possibly even to new BTC lows. Still I would not play this since all indicators are long, just my thoughts on the situation as BTC has not confirmed an new recent high.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.