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Bitcoin turns south as Nasdaq 100 goes into reverse
Well, you surely cannot be surprised? The Nasdaq 100 has done a Volte Face and it is now falling back towards 19,100 as the S+P 500 and Dow Jones face further pressure. The reversal of fortune for the Nasdaq 100 has sent BTC straight back down once more. Earlier Bitcoin reached a new high on the week at 84,488. It has now fallen back below 83k and towards 82,500. So, as you can see the correlation between this and the Nasdaq 100 is still very much in place. It looks like one will go wherever the other leads it and for the most part over many sessions now that has seen the Nasdaq 100 in the driving seat. BTC is right now at 82,735
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