Skip to main content

BTC catches a month-end bid as Nasdaq 100 comes off the lows

The noted low on the Nasdaq 100 a little after the opening (18,835) this afternoon remains the low point of the day thus far. The index has bounced from there and it seems to have helped BTC catch a bid too. Earlier BTC did not really follow the Nasdaq 100 lower and that might explain when that index bounced, BTC bolted higher. The move has seen it spike pretty much in a vertical manner too, from around 81,650 to a new session high, at 83,566. That said the price action is very jittery and unpredictable right now and in truth, despite the sharp move higher, not of any technical consequence. BTC is currently trading back down again, right now at 82,975
 

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!