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Bitcoin takes a look at the Nasdaq 100 futures and it does not like what it sees
Yesterday Bitcoin preformed well. It lifted back above 83,500 and took out all the prior interim highs and then extended that rise to above 84,500 ahead of the wider US market close. It peaked then at 84,838.
Well, it is an entirely different vista this morning. BTC has slumped and fallen towards 82,500. The driver for that is clearly the slide in stocks and more pertinently the Nasdaq 100 futures. The low seen so far has been set at 82,602. As to whether this extends more on the downside surely has the Nasdaq 100 as its driver and so if you are involved it might be wise to keep an eye on the futures this morning. BTC is right now at 82,725
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