BTC Daily Technical Analysis: Dollar Still Bullish / S&P 500 Bearish / Will BTC Follow the S&P 500?


The S&P 500 is getting rejected as expected in the latest analysis.
https://www.tradingview.com/x/ScIHdYAr/

- Analysis: https://www.publish0x.com/the-king-of-crypto/btc-daily-technical-analysis-bull-trap-bear-trap-ping-pong-p-xgjnjjd 

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The Dollar index DXY is rebounding as expected as well.
https://www.tradingview.com/x/XtYf0Khj/ 

- Analysis: https://www.publish0x.com/the-king-of-crypto/btc-daily-technical-analysis-the-3-assets-i-watch-to-trade-i-xqevmzl 

d8be24529658e62d722bbc4042e88cd6fe6af5886771ce0b62af2330a2a3b461.png

 

 

 

Already to see today's closing, and then the reaction of the market after the announcement of interest rates on Wednesday, November 2 at 8:00 p.m. to confirm the continuation of the downward trend.
https://tradingeconomics.com/united-states/interest-rate

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FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

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