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Record openings and new records for US stock markets- BTC slips with Gold
Following on from the previous update noting another slide in Gold prices today, it seems the record opening for the Dow Jones and the S+P 500 has also dented the allure of BTC. The Lead coin stalled earlier above 98,500 and now fallen back to test levels just below 97k. It also seems this coming a little unstuck and it remains to be seen, if this continued failure to push above 100k will result in a deeper pullback. Perhaps the longer it fails to take out that level, the more chance there might be that patience will wear thin and force a deeper bout of profit-taking. We shall just have to see how that plays out from here on today. Bitcoin is currently trading at 96,940
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