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A death cross has appeared. Nasdaq is down 1.4%.
BTC is only down 0.8%.
When EMA50 crossed below EMA200 last week, everyone was waiting for the waterfall.
By today, people who don’t have any coins are wondering if they can buy below 63K—they can’t reach it.
Those who do have some are looking at S&P and NDAQ being redder than BTC, and they actually feel more at ease.
The 63K BB middle band has held for three weeks—this week is the turning point.
Break below and go look for 60K; if it doesn’t break, the death cross is just a joke.
I’m betting it won’t break.