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.
G4Golf
2025-03-27 13:41:46 +0000 UTC