Bitcoin slides below 80k in Asia today

As suspected and conveyed to you on Friday morning, Bitcoin snapped the hitherto pretty close correlation with the Nasdaq 100. So, despite the Nasdaq 100 sliding into a bear market and beyond later in the day, BTC continued to press in the other direction. That saw it push back above 84k and hold that gain even as the Nasdaq tanked more than 6%, to 17,387.  However, it did not fare so well on Saturday. BTC dropped back from a high late on Friday, at 84,550, to a low at 82,355. The price action since has seen an early rebound back above 83,600 on Sunday, give way to fresh downside ahead of the Asian opening last night. So, BTC was unable to resist the further significant stock market losses and fell below 80k as early Asian trading got underway. It then fell further and almost took out the previous low, at 76,606 set on March 11. Amazingly the low seen earlier was set at 76,607. So, as you can see, it has held for now. As to whether that remains the case is extremely uncertain given the current conditions. BTC is right now at 76,805