Acceleration of BTC and SP500

This hasn’t happened for a long time: complete acceleration of BTC and SP500

​

https://preview.redd.it/yc4c9huxywxb1.png?2628&format=png&auto=webp&s=e7102b79ad380a20965ae0f270eb8a4a0804a20b

I don’t know how often you turn on the chart of the American index, but the following situation has arisen: for the third month in a row, the SP500 closes with a decline. Over the past 10 years, the index has produced 3 red candles in a row for the first time.

The second point is that the current month is marked by a complete acceleration of SP500 and BTC. BTC is up and the index is down. I think everyone knows that these two assets have often moved in unison in recent years.

What can this tell us?

Now I won’t write horror stories like “a crowd is being driven into Bitcoin to unload in front of a black swan,” but I’ll say a little about something else. This behavior of the index, of course, indicates that the situation in the economy is not healthy and that something wrong is happening here.

As a rule, the logical end of such a protracted and long decline is a sharp and accelerated downward movement. History teaches us that in the end, when the FED fights inflation and overheating in the economy, everything goes to its logical end - a dump.

And here, if this happens, then of course the BTC will react to a sharp and strong movement downwards along the SP500. In this case just for fun, I would launch a DCA trading bot (for example, Bitsgap) to short and take the movement of 5-10%.