Real talk: I'm watching the S&P 500's 200-day MA (sitting around 7,180) more than any on-chain metric right now.
As long as stocks hold that line, risk-on stays alive and $BTC does its own thing. But the second the S&P closes below it? Bitcoin's coming down with it.
Not rocket science. Just what actually matters.
As long as stocks hold that line, risk-on stays alive and $BTC does its own thing. But the second the S&P closes below it? Bitcoin's coming down with it.
Not rocket science. Just what actually matters.
