Stocks Grinding Higher … but is Bitcoin’s Move Over?

Rob has been suggesting that 4200 could be a reasonable target for the S&P500 since the beginning of January… and in the last few trading sessions the index has continued its relentless climb in the direction. However the analysis on Bitcoin may tell a different story. The crypto is going to be tested by Wave 5 Fibonacci resistance that may just prove the end of its upward trajectory for now.

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