Futures on BTC and S&P500: The ratio you should consider

업데이트됨

The main chart is the ratio between Futures on BTC and S&P500

👉 Bitcoin CME Futures contracts are equal to 5 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR)
👉 E-mini S&P500 Futures contracts are equal to 50 x S&P500 Index

Special remarks

😀 The Support Area and Resistance Areas are as highlighted on the chart.
😊 Since Bitcoin CME Futures were launched in Dec, 2017, S&P500 outperforms BTC to nowadays.
😁 Bitcoin has NO BALANCE SHEET, EARNGINS AND NEVER PAY DIVIDENDS

노트

06-06-2023

BTC continues to look weaker than the S&P500 - the benchmark of the global economy.
Now, amid multiple legal allegations by the SEC against CZ and the companies he controls, including Binance.

액티브 트레이드

June 13, 2023

This is how the crypto market recovered in 2014-16 and 2018-20 against the S&P500.

But, as the ancient Romans said, - Tertium non Datur... that means too much water drowned the miller.