Bitduke

BTC | S&P 500 - Slightly pumped on initial jobless claims

BITMEX:XBTUSD.P   Bitcoin
Red line is futures on S&P 500.
CC indicator below is correlation between XBTUSD.P and S&P 500 on 15m time frame.

Initial jobless claims was released, and rose 4.43 million last week, total is more than 26 million since the coronavirus outbreak started.

S&P 500 slightly pumped as expected (as in previous times) and trying to rose higher, as well as bitcoin.

Won't be long here ('coz we're at resistance), awaiting $7250-7300 for shorts.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.

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