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via CoinDesk · By CoinDesk Staff

Low bitcoin-software correlation suggests a major move may be approaching

BTC

BTC/USDT

$84,293.11

-0.05%

$84,293.11

-0.05%

(24s)

24h Volume

$15,184,080,456.24

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(10:02 AM UTC)

1 min read

Reviewed byDavid Kim

0 comments

Bitcoin and software stocks are breaking up — and history says a major crypto move is coming

Bitcoin and software equities have sharply diverged after moving in lockstep for years, raising questions over whether bitcoin will eventually catch up.

Bitcoin BTC$73,038.00 and software stocks moved almost in lockstep for much of the past five years, with BTC treated as a high-beta technology asset.

The…

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Source

CoinDesk Staff · CoinDesk

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