June 13 (Fri): [Bollinger Bands] Nikkei 225 vs Bitcoin
This time
『Bitcoin』
comparison will be made.
【Overall Scenario Probability】
This week's overall market is…
“Increase: 45% / Decrease: 55%”
※Overall trend favors a decline, but there is room for a temporary rebound
※Presented as a reference level.
【This Week's Market Key Points】
This week, both Bitcoin and the Nikkei 225 are seeing a full-scale move toward “reversal downward.”
In particular, Bitcoin is clearly pulling back from +2σ, and it is progressing toward a state of “closing price pressure.”
The Nikkei 225 is also showing a retreat after failing to rebound from the upward-moving MA, giving the overall market a slightly heavier feel.
Additionally, the negative correlation with other major indices such as the four major U.S. indices, the dollar/yen, and the U.S. 10-year yield is becoming more evident, suggesting a higher likelihood of an overall “adjustment phase.”
Nonetheless, each asset is approaching short-term support, so a temporary rebound is in sight. This week may be a crossroads between “continuing to fall” and “recovery from a bottoming.”
➥The continuation is explained in detail in the members-only report.
If you have not yet registered, please click here ↓
● Use “Bollinger Band Explanatory Guide” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescriptions” to draw the Zone where the chart should stopZoneand see how it works!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※The following is for members only.)