IncomeSharks argues Bitcoin led the risk-off move by retracing first, and also uses Bitcoin technical signals to validate similar breakdowns in stocks.
So Bitcoin really was the canary in the coal mine. It was the first to retrace all the way back to its April lows.
$SPY - I trusted the OBV diagonal breakdown for Bitcoin but thought no way it'd work out this cleanly for Stocks.
This finding is one of many signals tracked across Stock Market. The live feed updates every few hours with new expert voices, debates, and emerging ideas.
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