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via Cointelegraph · By Cointelegraph Staff
What Happens to Bitcoin If Nasdaq Falls Further?
BTC
BTC/USDT
$62,788.72
+0.20%
$62,788.72
+0.20%
(24s)24h Volume
$8,850,152,310.71
24h H/L
$63,461.99 / $62,436.59
Change: $1,025.40 (1.64%)
Long/Short
61.9%
Long: 61.9%Short: 38.1%
Funding Rate
+0.0033%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(08:52 PM UTC)
1 min read
1276 views
0 commentsBitcoin (BTC) traders said that BTC holding above the $60,000 psychological support over the weekend was important as it recovered 6.5% from a local low near $59,100 to an intraday high of around $62,950 on Sunday.
Key takeaways:
- BTC is eyeing a rally toward $92,630 if it continues to hold above a key moving-average support.
- Nasdaq technicals hint at a potential decline of over 10% in the short…
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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