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Yesterday the price action in Bitcoin seemed pretty much detached from all that was going on around it in terms of the wider markets. The Fed decision and stock and currency gyrations did not seem to have much impact on the lead coin as it did its own thing. The price did drop though as the dollar strengthened and BTC later fell back to around 26,825 after earlier repeated failures to rise above 27,500. Those failures were noted here earlier in the day. The price action today has been similar, in the sense that an earlier Asian high at 27,239 has now given way to another dip below 27k. The 50 day moving average is still rising though and in place this morning at 27,110. The low seen so far has literally just been set at 26,922. It is just now trading at 26,931
Earlier today the slide in the dollar allowed the Pound to have a very close look at a level mentioned here many times before. That is the 2024 high...
Since the last update here on the Nasdaq 100, the index has suffered further selling and a lot of that is heavy losses across the big tech sector. The...
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