BTC Daily Technical Analysis: The High Correlation to Watch Between the S&P 500 & BTC / 50% Fake Pump / 30% Dump / 20% Real Pump

The S&P 500 is on the key level of dynamic support around 3585

Next support to come will be the 50% fib on the 3230 tested twice as support in September and October 2020

Bullish divergence on the RSI and MACD to be confirmed!

This week's last candle is bullish, given the long wick at the bottom that shows buyers are in with a body closing above the 200 Weekly MA, 38.2% fibo, and the key level at 3585.

The 3 questions I ask myself???
1- Will we have a real rebound and reversal of a downward to upward trend in the medium term Weekly?
2- Will we just have a fake pump in the Daily short term to take liquidity north via short stops?
3- Will we go directly lower without chasing the shorts to the north?

My answers:
1- 20% chance
2- 50% chance
3- 30% chance

Finally if the S&P 500 will sooner or later seek the 50% fibo at 3230, I think the BTC will also seek the 50% fibo at 14.5K

https://www.tradingview.com/x/1Hs3DmGG/

More details on the 50% fibo at 14.5K:
https://www.publish0x.com/the-king-of-crypto/btc-daily-technical-analysis-detect-the-next-bottom-with-fib-xjrdppl

👉 Follow the links below to the best & Secured Exchanges that I use for trading & often gives rewards for using their platform like Learn & Earn Program, making deposit & Trading on spot or Futures, Trading Competition, ...etc.

📈 Bybit: Get up to 4030 USDT in rewards just by signing up!
https://www.bybit.com/app/register?ref=7Wgmj

📈 Binance: 10% discount on Binance Futures trading fees!
https://www.binance.com/en/futures/ref/38451215

📈 FTX: Sign Up Bonus of 5% fee discount on all your trades.
https://ftx.com/referrals#a=1768923

📈 Phemex: Up to $180 in welcome bonuses waiting for you.
https://phemex.com/register?group=718&referralCode=BAR9K

📈 Kucoin: Rewards for users Up to 10 million USDT
https://www.kucoin.com/ucenter/signup?rcode=Kvyf2d

📈 Bitmex: Up to 80 BMEX Tokens Welcome Offer.
https://www.bitmex.com/app/register/xXePh3

👀 Follow the Links Bellow to my Telegram Channels:

☑️ English: https://t.me/tradingwithbinance

☑️ French: https://t.me/Adaminssane1