(14:30-21:00) 17.03.2020
Yes those are 2 separate charts. Top is bitcoin bottom is S&P500 on 5m candles. All marked points (and I would be able to find much more on this and every other fragment of the chart from the duration of the stock session in the US) are changes in direction that took place exactly at the same minute on both the bitcoin and S&P500 chart. See only:
1- failed pump that left candle wick fallowed by 2 red candles
2- bounce attempt - first and only green candle
3- candle wick and dump to p.4
4- beginning of pump till p.5 (started in exact the same time)
5- local top fallowed by 3 red candles
6- bounce attempt - first and only green candle, after which we had decline till p.7. On both charts we see acceleration of dump 2 candles before p.7
etc.
The similarity is unbelievable. Sometimes I check twice if I'm not looking at the same chart.
How is it possible that the US companies index chart (which should be only the resultant of the prices of the companies included in it) is so similar to the Bitcoin "cyber money" chart?
1- "The Rothschilds" push the "stock market crash button" that launched algorithm that plays the same tactic no matter if it's bitcoin or S$P500
2- investor/group of investors transfers every visible move from S&P500 to bitcoin in order to occupy the same position on bitcoin as the Wall Street whales on S$P500, according to the idea that who will play a market crash better than they with their experience and insider knowledge - if so it's interesting what the returns from such strategy are.
3- Both of these assets are somewhere economically related (like BTC and ALTS), but for now I can not imagine a connection that could work so precisely.
The attached fragment is the entire Tuesday session (14: 30-21: 00) 17.03.2020 - the dotted vertical line is the beginning of the session in the USA - 14:30. This situation, however, occurs all the time and I noticed it 3 days ago and to this day nothing has changed. Every return is transfered from S&P500 to BTC. The range of these movements varies, it's a fact, but they start equally in both markets in the same minute. As if some algorithm was selling / buying for xxx million in both markets at the same time and the differences in the liquidity of the markets resulted in a different result. And here you can draw further conclusions from the beginning of yesterday's session (14:30 19.03.2020):
The turning points starts in the same minutes, but the depth of the movements remains different and where points 2 and 1 on the bottom graph (s&p500) mark new lowers lows, so bitcoin new higher lows (relative to point Z - the beginning of the session). In conclusion BTC seemed relatively stronger than the S&P500 - at least in response to the pressure caused by ... what? A whale playing here and here the same?
And what are your types? Why such a similarity?