Stocks TD9 Sell Sign Flashes Yet Bitcoin Traders Expect Higher Price

By JOSEPH YOUNG

The TD9 sell indicator emerged on the S&P 500 chart across various time frames. Considering the heightened level of correlation between Bitcoin and stocks, it might hint at a short-term Bitcoin (BTC) price pullback.

But cryptocurrency traders seemingly remain unfazed by the vulnerability of stocks. Several traders anticipate Bitcoin to rally toward the mid-$9,000s despite the TD9 signaling for a correction.

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