Bitcoin continues to develop a large structure similar to the 1971 – 1985 Engrbytrade™ Euro model. Since 2020 the S&P500 moved lower during prolonged Bitcoin declines. The exception was 2021. At this point the S&P500 should decline in 2026. This is based on the Dow Transportation Index Relative Strength and Commodity Channel index positions indicating a change in direction is expected. After this decline Bitcoin should move up to its previous highs before starting another decline.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
