SPX Analysis by @cryptomoeng

The analysis begins with a Bitcoin price of $84,801, with the analyst noting that BTC has broken below an upward support trend. He is expecting a rapid sell off to $80,000 or even mid $70,000. He is considering that a fall below these levels is realistic. He also evaluates the S&P 500, anticipating a potential corrective phase towards $5500. Finally he evaluates USDT dominance , noting a current trading channel. And the next move should be to reach a maximum peak of 6%. The timeframe he is focusing on is based on this weekly candle.