The Bitcoin vs Tech Stocks Signal Has Flipped Bullish
Tech stocks are selling off, and Bitcoin is holding. Today's Chart of the Day looks at Bitcoin priced in tech stocks, the Bitcoin-to-Nasdaq ratio, which reclaimed its 200-day moving average on September 18 after 235 straight sessions below it and hasn't closed under it since. Sean Hagan walks through why Bitcoin was higher one year after reclaims like this five of six times with a median gain of roughly 84%, why this cycle's 62% reset was the shallowest on record, and what the 2021 fake-out looked like by comparison. He also gives his invalidation level and his $100K line in the sand.Chapters:
0:00 Bitcoin Priced in Tech Stocks: Four Cycle Resets From 87% to 62%
0:37 The Ratio Reclaims Its 200-Day After 235 Sessions Below
1:05 Is Bitcoin Just a Leveraged Tech Bet? What the Critics Are Missing
1:49 Beta Falls to 0.75 and the Leveraged Drawdown Already Happened
2:32 How Much Confidence in a 5-of-6 Hit Rate? 15 Backtest Combinations
3:03 Above the 100, 150 and 200-Day Averages With Puell Multiple Confirming
3:52 The 2021 Fake-Out: Why Mid-Cycle Dips Aren't Resets
4:56 The Harder Macro Backdrop: Brent at $113 and the 10-Year Near 5%
5:39 Invalidation at $76–77K and the $100K Line in the Sand
6:39 Drawdowns Along the Way and Why the Reset Is Complete
#Bitcoin #BitcoinPrice #BitcoinAnalysis #ChartOfTheDay #Nasdaq #TechStocks #BitcoinVsNasdaq #200DayMovingAverage #MovingAverage #BitcoinBullMarket #BullMarket #BitcoinSignal #TechnicalAnalysis #BitcoinChart #BitcoinCycle #PuellMultiple #RelativeStrength #StockMarket #Macro #BitcoinPrediction #Bitcoin100K #BitcoinMagazine
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions. Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to The Bitcoin vs Tech Stocks Signal Has Flipped Bullish
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.
