BTCUSD and S&P Comparison

Similar formations can be seen on both charts, the main difference is the S&P formation is on the Monthly chart, while the formation on BTCUSD is on a Weekly timeframe
I did see this comparison online, decided to replicate it for yous
Bullish potential if these are correlated in any way is immense
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoinforecastbitcoinusdBTCbtclongbtc_usdBTCUSDbtcusdlongBTCUSDT

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