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Bitcoin still in lockstep with the Nasdaq 100

As the Nasdaq 100 surged yesterday and later put on more than 2% by the close, Bitcoin once again tracked it higher. That saw BTC reach a high at 88,785 ahead of the wider US market close. That was of course some way north of its 200 day moving average, in place right now at 85,171 (as you can see, its still rising), but well short of the still falling 50 and 100 day moving averages (in place right now at 89,948 and 94,531 respectively). So, as the Nasdaq 100 futures drift lower this morning, that has delivered a drop back in BTC. The range seen so far has been covered by 88,312 on the top and 86,336 on the base. The immediate support and resistance levels for today are as above and it is right now at 86,595

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