The S&P 500 appears to have just closed below its April 2020 trend line. We’ve seen many bounces from this level, but never a daily close below it.
In today’s issue, I’ll walk you through what that could mean for cryptos, including how I’m positioning myself for the rest of September.
Today’s issue includes updates on the S&P 500, BTC, ETH, ADA, and SOL.
Let’s start!
Stocks Matter in Crypto When This happens…
I’ve mentioned before how stocks are still the number one risk asset.
That means when a major index like the S&P 500 starts to roll over, the world takes notice.
And, no, cryptos are not exempt.
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