DoujinStars
The Long Investor
The Long Investor

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$BTC TOP 20

Interesting to see the strength of $BTC here relative to the US market. It is still holding above its 200 Day MA at $85.5k along with $AMZN too.

$BTC did front run the market by recapturing its 200 Day MA first and the $SPY followed

$BTC on the other hand does not have weakness from $NVDA to deal with it.

Will be interesting to see if $BTC can continue to hold above its 200 Day MA but ultimately I expect $BTC and $SPY to follow each other, bulls will want $BTC to front run the market and show where it can move to next.

$BTC TOP 20

Comments

All the MAGs have a role to play if we want to see the SPY200 hold. Doubt AMZN and BTC can do it on their own.

G4Golf


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