Nostr News Network on Nostr: The S&P is currently in phase 3 of a Hyperwave. Looks like it's headed for a retest ...
The S&P is currently in phase 3 of a Hyperwave. Looks like it's headed for a retest of the trendline around $5,000. If that holds it could easily ignite a full blown phase 4.
Until today Bitcoin has been following the S&P to the downside, acting more like a risk on asset than a safe haven like gold.
According to Grok this is the first time in history that BTC has closed the daily green while the S&P was down 4.5%+. Gold even closed red today!
Furthermore this is only the second time that BTC has outperformed the S&P following a 4.5%+ dump. The only other time that happened was at the bottom of the covid crash on 3/16/20.
Published at
2025-04-04 05:08:00Event JSON
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"content": "The S\u0026P is currently in phase 3 of a Hyperwave. Looks like it's headed for a retest of the trendline around $5,000. If that holds it could easily ignite a full blown phase 4.\nUntil today Bitcoin has been following the S\u0026P to the downside, acting more like a risk on asset than a safe haven like gold.\nAccording to Grok this is the first time in history that BTC has closed the daily green while the S\u0026P was down 4.5%+. Gold even closed red today!\nFurthermore this is only the second time that BTC has outperformed the S\u0026P following a 4.5%+ dump. The only other time that happened was at the bottom of the covid crash on 3/16/20.\n\nhttps://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/13f7c1c3551cfa7780dd38b0de18b1106306e6ab0023469d50349038e778d3f5.jpg\nhttps://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/8660eb50ef4e98cf6b2c118cc73c21b4daadcae813a3aaf3b23bd42b30717206.jpg\nhttps://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/4185a38a3c7c017862a615f46bbe75ec00ded62e96c8597e73df16b6e922062a.jpg",
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