Bitcoin is in 'extreme fear' while big banks just got a clean bill of health — r
Thesis
Bitcoin crashing to multi-year lows shows that investors are running for the exits and extreme fear has taken over the market. This panic often bleeds into the broader stock market, putting pressure on indices like the S&P 500, which is sitting right on the edge of a major breakdown. The ultimate safe haven in fearful markets is cash, and JPMorgan and Goldman Sachs are practically overflowing with it. With the Fed's stress test proving these banks are bulletproof, their newly announced $50 billion buyback and dividend hikes make them the perfect fortress to protect your money while the crypto crash shakes out.
Strategy approach
Build a rule-based strategy on D1 that goes long JPM when BTC drops below its 200-day moving average while JPM simultaneously announces a stock buyback or dividend increase. Conditions: confirm BTC is in a 20% drawdown from recent highs. Hold JPM for 60 days. Exit if JPM drops 5% from entry or reaches a 10% profit target.