Nasdaq closed its first red weekly candle after 6 consecutive green weeks and a nearly 30% move higher.


That weekly close could mark a local top, at least in the short term.
Now the question is whether stocks consolidate at these levels or see a deeper pullback (which would be normal after such a strong rally).
If equities start cooling off, that could also put some short-term pressure on $BTC.
BTC-1.27%
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