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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$63,021.98

+0.03%

$63,021.98

+0.03%

(24s)

24h Volume

$2,149,268,661.86

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,005.96

▼ -0.13%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,005.96

Support 1$62,882.63

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.7

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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