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Bitcoin takes out 63k as Nasdaq dumps

Referring back to the previous update and the opening slide in the Nasdaq 100 this afternoon, it should come as little surprise to see that the tech index has taken Bitcoin lower with it. All morning BTC showed little appetite to rebound much at all, so it is hardly surprising that it has taken a downside lead from the Nasdaq this afternoon. BTC just now fell below 63k for the first time this week and that means a fresh interim low in the process, as it falls further away form its 50 day moving average. The low seen so far has been set at 62,800 but it may not be finished with yet. BTC is right now at 62,825
 

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