A Massive Bitcoin Uptrend Coming Based on BTC/SPX Ratio, Suggests Macro-Economist
According to macro-economist Henrik Zeberg, Bitcoin and other risk assets are primed for a significant move, based on the BTC/SPX Ratio. This indicator compares Bitcoin’s performance to the S&P 500 index (SPX), and Zeberg believes that the Bitcoin uptrend is just getting started. Recent dips in September could offer opportunities for traders to accumulate.
The BTC/SPX Ratio, an indicator that evaluates the relative performance of Bitcoin and the stock market, is currently rising
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