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.