BitcoinShort
BTCUSD correlation with tradtional markets NASDAQ Tech and DOW
Correlation of traditional markets and BTCUSD combined with the actual weakness of traditional markets, which could hold on caused by fundamentals like increasing interest rates, trade wars, loans, Shiller-KGV (like 1928), buy-back programs and more, should drag the BTCUSD one step further down to the next resistence, specially if the close is under ~$7500.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.