Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great Depression
A false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which ...
Tag: S&P 500
Bitcoin Correction Fears Mount as S&P 500 Prints Signal That Preceded 35% Crash
It's a common sentiment now that Bitcoin benefited from the recovery in stocks since the March lows. After all, if ...
Bicoin is a Better Store of Value as Gold’s Correlation With S&P 500 Rises to 18-Month High
Bitcoin rallied from $3,800 to $10,000 in two months of volatile trading. The maligned cryptocurrency outperformed its hedging rival Gold ...
Chilling 32% Crash Prediction for S&P 500 Puts Bitcoin Price Rally At Risk
Bitcoin is looking at red flags in its year-to-date price rally because of its short-term correlation with the S&P 500 ...
Morgan Stanley Strategist Calls For More Stock Market Upside, Will Bitcoin Follow?
Despite an over 30% rally from lows, Morgan Stanley's chief equity strategist in the US who accurately called the recent ...
Goldman’s Chilling S&P 500 Crash Prediction Makes Bitcoin Vulnerable in Mid-2020
American banking giant Goldman Sachs has made a bleak prediction for the S&P 500 and its one that will impact ...
Bitcoin Correction Fears Intensify as Goldman Sachs Warns a Chilling Stocks Downturn
Bitcoin risks wiping off its recent gains as fears of a vast stock downturn grows among researchers. Both Bitcoin and ...
Eerily Accurate Trader Says the S&P 500 Is on Thin Ice, and That’s Bad for Crypto
After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin ...
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