SPX close to ATH while BTC is forming a bear flag which I don‘t like.
Hopium is that we see new ATHs on SPX to carry BTC up.

89-90k must hold to remain somewhat bullish. But current PA makes gives me disbelief so far..

Zone must hold.
Last hopium support at around 85.4k rn.
If this doesn‘t hold we retest 80k again and 73k is in play again.

Closed above 89k is a good start. Weekend now so anything aside from big moves is mostily invalid again.

Bear Flag or ascending triangle? I guess we will find out within the next 1-2 weeks.

Something completely different which is a lot more risk averse than crypto: $NKE Nike.
70% correction from the top. Great Elliot Wave count and currently between 0.786 and 0.618 fib retracement. When this green downtrend breaks, I believe we can see a nice bear rally.

JUST IN: $410 billion PNC Bank partners with Coinbase to offer direct Bitcoin trading for clients.

The first bank to market such an offering among major US banks.

@WatcherGuru

How is the market so bad with news like this popping weekly.

break >94k and holding above would confirm an ascending triangle and surely send us to 100k.

FED CUT RATES BY 25 BPS, AS EXPECTED

SPX going towards ATH while BTC chills..

SPX about to close at 6900. BTC should follow soon.

If we pump through 6900 the next days, we should have a very good foundation to retest the 50W MA at 102k

However, 6900-ath is a tough resistance

Russel2000 (lower market cap stocks, simiar to altseason in stocks), hit new ATH today

If this ever goes live, we will get everything we were waiting for the past years

China Prepares as Much as $70 Billion in Chip Sector Incentives

At the maximum end, the proposal translates into the largest-ever state-backed semiconductor incentives program conceived, at a time nations from Europe to the Middle East are seeking to ensure local production and supply of a component considered critical to AI and national security.

SPX is 0.25% away from breaking ATH. Best case for today is closing the day at a new ATH, leaving us with a very nice close for the weekend so that crypto can finally catch up.

Nope, giga rejected