Bar chart = S&P500, red MA = 111W MA for S&P500 (taken from PI Cycle Indicator)
Orange line chart = BTC, orange MA = 111W MA for BTC
Key takeaway: Notice how we are dipping much lower from the 111 and we are still lagging roughly 8 months behind on the "catch-up" move to traditional markets.
Orange line chart = BTC, orange MA = 111W MA for BTC
Key takeaway: Notice how we are dipping much lower from the 111 and we are still lagging roughly 8 months behind on the "catch-up" move to traditional markets.