• The S&P 500 is approaching a major resistance area at $3230.
  • A golden cross has taken place on the daily time-frame.
  • There has been a high degree of correlation between SPX and Bitcoin since June 10.
Throughout the month of June, there's been a very high degree of correlation between the S&P500 (SPX) and Bitcoin (BTC). The former is approaching a significant resistance area, while the latter has already reached its own resistance. S&P500 Long-Term Resistance A look at the weekly chart shows that the SPX is trading very close to the major $3,230 resistance area. The price
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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