Bitcoin Surges as Stock Markets Decline: One Chart Misleads
Bitcoin SURGES while Stock Markets Decline… One Chart is LYING
The world of financial markets has always been filled with uncertainty and volatility. Investors are constantly seeking safe-haven assets to protect their wealth during times of economic turmoil. In recent years, Bitcoin, the largest cryptocurrency by market capitalization, has emerged as a new alternative for investors looking to diversify their portfolios. And it seems that in the face of declining stock markets, Bitcoin is proving its worth once again.
Crypto market analysis
The rise of cryptocurrencies has introduced a new dimension to the financial landscape. Unlike traditional stocks, cryptocurrencies are decentralized digital assets that operate independently of any government or central authority. Bitcoin, in particular, has gained significant traction due to its limited supply and the increasing acceptance of digital currencies in the mainstream.
In recent weeks, as global stock markets experienced a significant decline, Bitcoin has been on an upward trajectory. While stock markets around the world were plunging, Bitcoin surged, leading many to question the correlation between traditional markets and the crypto market.
One possible explanation for this phenomenon is that Bitcoin is seen as a safe-haven asset during times of economic uncertainty. When investors lose confidence in traditional markets, they often turn to alternative assets that are not influenced by the same factors that drive stock prices. Bitcoin’s decentralized nature and limited supply make it an attractive option for those seeking to hedge against the risks associated with traditional markets.
Additionally, the recent surge in Bitcoin can also be attributed to the growing institutional interest in cryptocurrencies. Major financial institutions and corporations have begun to recognize the potential of digital currencies and are investing significant amounts of money in Bitcoin. This influx of institutional money has fueled the demand for Bitcoin and contributed to its recent surge.
However, it’s important to note that the relationship between Bitcoin and traditional markets is not always straightforward. While Bitcoin has proven to be a safe-haven asset in some instances, it is still a highly volatile and speculative investment. Its price can be influenced by a variety of factors, including regulatory developments, market sentiment, and technical indicators.
Frequently Asked Questions (FAQs)
1. Why is Bitcoin surging while stock markets are declining?
Bitcoin is often seen as a safe-haven asset during times of economic uncertainty. It is decentralized and not directly influenced by the same factors that drive stock prices. Investors turn to Bitcoin as a hedge against the risks associated with traditional markets.
2. Is Bitcoin a good investment during a stock market decline?
Bitcoin can be a good investment during a stock market decline, but it’s important to note that it is still a highly volatile and speculative asset. While it has proven to be a safe haven in some instances, it should be approached with caution and considered as part of a diversified investment strategy.
3. What other factors can influence the price of Bitcoin?
The price of Bitcoin can be influenced by various factors, including regulatory developments, market sentiment, technological advancements, and macroeconomic conditions. It is essential to stay updated on these factors and conduct thorough research before making any investment decisions.
4. Is the recent surge in Bitcoin sustainable?
While it is difficult to predict the future movement of any financial asset, the recent surge in Bitcoin can be attributed to a combination of factors, including growing institutional interest and increased acceptance of cryptocurrencies. However, investors should be cautious as Bitcoin’s price can be volatile, and market dynamics can change rapidly.
5. How can I invest in Bitcoin?
Investing in Bitcoin can be done through various platforms and exchanges that facilitate the buying and selling of cryptocurrencies. It is important to choose a reputable and secure platform and consider factors such as fees, security measures, and user experience when selecting a provider.
As the world continues to grapple with economic uncertainties, Bitcoin’s surge amidst stock market declines comes as no surprise. Its growing prominence as a safe-haven asset and the increasing institutional interest in cryptocurrencies have contributed to its recent rise. However, investors should always exercise caution and conduct thorough research before making any investment decisions in this highly volatile market.
Thanks Alessio! This is the video i was waiting for🎉🎉
Please help me. Your prognoses for BTC price in 2023 about 40k, which is 20% more where we are at the moment. But you don't know which is right, s&p500 as bearish or btc as bullish. If stock market is in a bearish phase then how could be btc be at around 40k if the stock market and btc goes hand in hand in your opinion?
Grazie Alessio. I think the one lying is S&P and we will see a strong reaction shortlly, maybe before end october or at latest in the first few days of nov.
Alessio, looks to me we are following the Wyckoff distribution schematic 1 chart very accurately. Can you make a video on this? Seems to me we are entering phase c and should retest $30k-31k.
BTC is looking extremely bullish!
Which is easier to manipulate?
BITCOIN or SP500/DOW/NASDAQ?
Make your bets
Hello Alessio, whats your current opinion on recent Teslas price movement?
So, if what you say is true, about the episteme, then the price is definitely going to fall because there are more people I have heard saying that BTC is going to continue rising.
Sei il top
Thanks Alessio ❤ .. thoughts on xrp ?
You said that BTC can drop down a week ago. So what happened? Why are you not emphizing youe mistakes and make an apology?
REMEMBER YOUR "I Will SELL Everything and EXIT the Markets …if this happens" VIDEO?
DID YOU SELL LIKE YOU SAID ON THIS VIDEO? IF NOT, I GUESS YOU LIED TO EVERYONE AND EVEN YOU DON'T BELIEVE WHAT YOU SAID. WHY SHOULD WE LISTEN TO YOU??
Please kindly correct me if I am wrong, but in an a-b-c correction, wave b should not go higher than the previous high, otherwise, that is not a valid a-b-c correction. The philosophy behind it is: that as long as the price can still go higher than the previous high, that means the bullish trend still going on, and the correction has not yet begun. Hence I prefer to call that 'b' the end of wave 5, of the higher wave (I), which began in November 2022. So starting Nov 2022 until Feb 2023 Top is Wave 1, then from Mar 2023 until April 2023 top is Wave 3, and from the bottom of June 2023 – to July 2023 top is Wave 5. I agree with you though that from July to Sep is a correction then we start a new bull market wave (III). Theoretically, the most interesting wave should be Wave 3 of wave (III), it should be the longest, biggest wave UP.
It could be that Bitcoin is just catching up the to higher retracement levels, wich stocks already did))
As an upcoming Bitcoin trader I to tally understand the gravity of the knowledge you are trying to pass across, thanks for the info
20 – 25k 📉 BTC
Alession in 2024: sorry was I was not familiar with decoupling
You said earlier that charts never lie 😅
Stock market was way overdue for a correction. Bitcoin has been correcting since last year. Stock market will continue to fall. Bitcoin will move up slightly but will side ways all throughout next year probably.
Why can't the 2 markets decouple?
They diverge in amounts of systemic leverage, in a rising interest rate enviroment, and in counterparty risk profile
Bitcoin is just because of the rumour of BTC ETF?
THANK YOU, ALESSIO!
Thanks Alessio. I checked out my charts and sold my Btc and Sol but will buy back when time is right. You may have saved me some money because your video woke me up. 🙂
Your video age well , am a subscriber of your channel for sure , no one will predict de god candle 🕯️ we will have on ETF approval. Many will be left out . 135k Q1 2024.
Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.
But this time is different. BTC is flight to safety now.
Yeah, I'd be surprised not to see 40k this year. A clear impulsive rally is unfolding and we still need some 4 and 5 waves.
While investors wait for bitcoin earnings to kick off earnings season this week, the market is being affected by the continued sell-off in bonds and concerns over a worsening of tensions in the Middle East. For this reason, I'm currently searching for equities to put $120k to get things started. Simply unsure of how to continue.
P/E ratio view: rising support (E), slow moving average (P) -vice versa
That's all fine and dandy. Although Bitcoin may have seem to be corralated to the stock market in the past, this percieved correlation is misleading. Bitcoin is an entirely new asset class, with no correlation to other markets. So, no, neither chart is lying.
Success is the result of persistent effort, not shortcuts. There are multiple ways to reach the pinnacle of success.
SRM Entertainment, Inc. (SRM) has been a money-making machine for me, heading towards that dollar mark fast!
Maybe there's a new episteme where the stock market doesn't have to match the crypto market.
Nice
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Amazing content, You remain the best!! It's been a year since I found ways to improve my finances and by working with a renowned professional, I was able to attain financial independence. I have to say this ; “As long as you are determined and work hard, you can achieve whatever you place your mind on.”
I think equities are lying
this bullish pattern by bitcoin was very strong
but again, things might change when the fed pivots, but maybe they'll delay that event since powell's been saying "higher for longer" meaning the bulltrend will continue for stocks
Engaging in an individual market option is fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.
Today we have the confirmation: the stock market chart was lying. Crypto and Stock market will be very bullish in 2024.
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Alessio where i can watch members videos and how?