BTCUSD/SPXUSD fractal update

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Comparing BTC price to S&P 500 with the long-term BLX symbol. The cycle is obvious. Careful, in the short term, we may have a 20-30% drop while BTC flirts with the ATH. After that, the skies are clear for takeoff. Happy trading!

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On the monthly view:

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Short term, something like this is likely