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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$64,151.92

+0.32%

$64,151.92

+0.32%

(24s)

24h Volume

$12,019,944,263.85

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

62.8%

Long: 62.8%Short: 37.2%

Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,160.00

▲ 1.34%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,361.84

Resistance 1$64,183.40

Price$64,160.00

Support 1$63,318.49

Support 2$61,848.43

Support 3$59,130.91

Pivot (PP):$64,098.51

Trend:Downtrend

RSI (14):41.5

CoinDesk Staff

(10:02 AM UTC)

1 min read

Reviewed byDavid Kim

508 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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