Community Message Board
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Bitcoin’s Seasonality for 2024
The Bitcoin halving has historically resulted in a strong parabolic rally for Bitcoin and the crypto market. I personally have concerns about how Bitcoin miners will perform after the halving due to Bitcoin’s scarcity. I think Bitcoin and Altcoins could perform well over the next few months. Using 11 years of Bitcoin data, TrendSpider seasonality […]Read More
SPY Potentially Rebounding around $502-504
$SPY has opened today’s daily candle with a bullish gap higher. Yesterday I discussed SPY potentially forming a rebound at these price levels around $502-504. I would carefully monitor for a rebound here to see if SPY starts trending back up again. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreQQQ Hard Drop Into Support
$QQQ has dropped from $442 to $430 this week, and is currently below a key light blue trendline. I think QQQ could rebound here and remain above the support level around $432. For now the price is below support, and I would monitor for a rebound back above the light blue trendline. ChartChamp socials: https://linktr.ee/realchartchamp
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