Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Bravos Research Profile picture
@bravosresearch
Aug 27, 2024 • 11 tweets • 4 min read • Read on X
Scrolly
MASSIVE divergence between Bitcoin and stocks

What is happening?

A thread 🧵 Image
2/ Bitcoin’s trajectory typically mirrors that of the US stock market

When the S&P 500 rises, Bitcoin also climbs

Conversely, when the S&P 500 falls, Bitcoin follows suit Image
3/ Bitcoin is influenced by the same factors as the stock market:

- Liquidity
- Risk-taking
- Investor optimism Image
4/ That's why in August, when the market dropped 6% in 3 days due to recession fears

Bitcoin also fell around 30% in a short-time

Now, the market has recovered, trading near ATH’s

But, Bitcoin still remains significantly below its highs Image
5/ We've discussed that the recent recession fears are likely temporary and the market's recovery was justified

Get access to 3 Premium Videos every week that cover our investment strategy

Join today and secure a 20% DISCOUNT at:

bit.ly/GameofTrades
6/ However, some argue that the rally is driven by a few companies, like Nvidia and Apple

Which masks the actual strength of the market

So, instead of looking at the S&P 500

Let’s consider RSP → an equal-weighted version of the S&P 500 Image
7/ RSP recently:

- Broke above a downtrend line dating back to April
- Reached a new all-time high
- Has been consistently above key MA’s

This healthy structure indicates potential for further gains Image
8/ If the RSP moves higher, Bitcoin is likely to follow

Right now, there's a noticeable gap between Bitcoin and RSP

But this divergence could be similar to early 2024 when Bitcoin eventually caught up Image
9/ View all our closed crypto trades for FREE on our website

We actively scan the crypto market for attractive opportunities

Large volatility brings the potential for massive returns

But only if you manage your risk well Image
10/ Our strict & selective crypto trading has brought success to our clients

In 2024, our avg. crypto win is 15.97% and avg. crypto loss is only 1.74%

Get 20% OFF your membership today to get all our real-time Crypto and other assets’ Trade Alerts at:

bit.ly/GameofTrades
11/ Thanks for reading!

If you enjoyed this thread, please ❤️ and 🔁 the first tweet below

And follow @gameoftrades_ for more market insights, finance and investment strategies

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Bravos Research

Bravos Research Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @bravosresearch

Bravos Research Profile picture
May 29
The US Treasury market collapse has begun

This has MAJOR implications for the economy

A thread 🧵 Image
2/ $16 billion - That’s how much the US government pulled in from tariffs just in April

It’s the largest amount of money ever collected from US customs in a single month Image
3/ At first glance, it looks like that spike in tariff revenue might already be impacting the government’s bottom line

April just marked the 2nd largest monthly surplus in US history

That’s extremely rare

Most months, the government is running deep deficits Image
Read 22 tweets
Bravos Research Profile picture
May 28
Consumer confidence is WORSE than the 2008 Financial Crisis levels

But the stock market is still near record highs

Which one is lying?

A thread 🧵 Image
2/ The S&P 500 just broke above its 200-day moving average - one of the market’s most important resistance levels

Investors are celebrating a temporary trade deal between the US and China, hoping it leads to a broader agreement

But consumer sentiment is telling a different storyImage
3/ This chart shows how the average American feels about the future of the economy

Sentiment today is worse than it was during the depths of the 2008 financial crisis

That disconnect naturally raises a big question:

Can stocks rally while confidence is this low? Image
Read 24 tweets
Bravos Research Profile picture
May 27
History is REPEATING

Buckle up.

A thread 🧵 Image
2/ The S&P 500 has seen a sharp rebound since the April lows

Today, a record 60% of US households have stock market exposure

The big question now is: can this rally really last? Image
3/ To answer that, we’re going to dig into historical data

But first, let’s outline the 3 potential paths ahead:

1) A sharp V-shape recovery back to all-time highs
2) A deeper pullback breaking the April 7th low
3) A choppy consolidation before another leg higher
Read 26 tweets
Bravos Research Profile picture
May 20
History is REPEATING.

A thread 🧵 Image
2/ The US stock market has been melting up

Gaining over 20% in just the last 6 weeks

That officially makes this the strongest rally since 2020 Image
3/ If we zoom out to the 1960s, rallies this strong have only happened a few times in history

Almost every time, they’ve marked major stock market bottoms

And were followed by powerful multi-year rallies Image
Read 25 tweets
Bravos Research Profile picture
May 19
This will catch a lot of investors off-guard

A thread 🧵 Image
2/ The stock market has seen an aggressive bounce off the April lows

This is happening after a crash as violent as during the pandemic and the Financial Crisis Image
3/ Now, there is a scenario where the market chops around here, digesting the bad news

But the economy holds up and avoids an economic downturn
Read 9 tweets
Bravos Research Profile picture
May 16
It’s happening AGAIN

Buckle up.

A thread 🧵 Image
2/ A $54 trillion asset class has been bouncing back now

This is happening after a crash as violent as during the pandemic and the Financial Crisis

Today, a record 60% of US households have stock market exposure

The big question now is: can this rally really last? Image
3/ To answer that, we’re going to dig into hard historical data

But first, let’s outline the 3 potential paths ahead:

1) A sharp V-shape recovery back to all-time highs
2) A deeper pullback breaking the April 7th low
3) A choppy consolidation before another leg higher
Read 26 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(