Crypto.IQ: Bitcoin (BTC) Futures, S&P (SPX), VIX, Ethereum (ETH): What Foreshadows What
We see four notable technical developments: • The continuous front-month Bitcoin (BTC) futures contract hit our resistance point at $5,509 and then came off sharply (Figure 1). Figure 1 • The S&P 500 Index (SPX) may be topping after finally breaking a steep uptrend line (Figure 2) Figure 2 • VIX (Stock market fear index)… Read more
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