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    Bitcoin SURGES while Stock Markets Decline… One Chart is LYING



    Bitcoin surges while stock markets decline… one chart is lying. Bitcoin has managed to break higher through resistance at the Summer highs. Many are now asking why is bitcoin going up? Could this rally change the sentiment among the bitcoin community from bearish to bullish? What are the next likely resistance levels? Bitcoin’s rally is now diverging with the stock market which is showing significant declines (as in the dow transportation index). What could this mean? #bitcoin #stockmarket #alessiorastani

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    21 Comments

    3. Faraz Ali on

      Alessio, looks to me we are following the Wyckoff distribution schematic 1 chart very accurately. Can you make a video on this? Seems to me we are entering phase c and should retest $30k-31k.

    7. todoxe on

      So, if what you say is true, about the episteme, then the price is definitely going to fall because there are more people I have heard saying that BTC is going to continue rising.

    8. Termine on

      The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH…. stock,silver and gold)

    12. No Ad on

      REMEMBER YOUR "I Will SELL Everything and EXIT the Markets …if this happens" VIDEO?
      DID YOU SELL LIKE YOU SAID ON THIS VIDEO? IF NOT, I GUESS YOU LIED TO EVERYONE AND EVEN YOU DON'T BELIEVE WHAT YOU SAID. WHY SHOULD WE LISTEN TO YOU??

    13. Hary Suwanda on

      Please kindly correct me if I am wrong, but in an a-b-c correction, wave b should not go higher than the previous high, otherwise, that is not a valid a-b-c correction. The philosophy behind it is: that as long as the price can still go higher than the previous high, that means the bullish trend still going on, and the correction has not yet begun. Hence I prefer to call that 'b' the end of wave 5, of the higher wave (I), which began in November 2022. So starting Nov 2022 until Feb 2023 Top is Wave 1, then from Mar 2023 until April 2023 top is Wave 3, and from the bottom of June 2023 – to July 2023 top is Wave 5. I agree with you though that from July to Sep is a correction then we start a new bull market wave (III). Theoretically, the most interesting wave should be Wave 3 of wave (III), it should be the longest, biggest wave UP.

    19. TheIcecoldorange on

      Stock market was way overdue for a correction. Bitcoin has been correcting since last year. Stock market will continue to fall. Bitcoin will move up slightly but will side ways all throughout next year probably.

    20. Luc T on

      Why can't the 2 markets decouple?
      They diverge in amounts of systemic leverage, in a rising interest rate enviroment, and in counterparty risk profile

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