Bitcoin top here could pressure Nvidia and Nasdaq
Correlation for risk on assets will mean that if bitcoin keeps selling, its likely that the rest of tech could see profit taking.
Fed rate Wednesday is expected to be no change in rates, but commentary could be a catalyst.
Most indices are at or near breaking the 20 period moving average. Bitcoin is now below the 20 daily moving average, an indication of possible trend change.
Fed rate Wednesday is expected to be no change in rates, but commentary could be a catalyst.
Most indices are at or near breaking the 20 period moving average. Bitcoin is now below the 20 daily moving average, an indication of possible trend change.
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support like at 60k is line in the sand now. if fails, then extension could play out to sub 50k