Technical analysis chart for Bitcoin (BTC) against the US Dollar (USD) on the Kraken exchange over a 3-day period.
It highlights key support levels and the influence of major US stocks, which can be relevant when analyzing pullbacks. The chart includes indicators like the 150-day Exponential Moving Average (EMA) and a significant support level between 75,000 and 80,000 USD for Bitcoin. It also mentions the top 8 US stocks, referred to as "The Hateful 8," which include Nvidia, Broadcom, Apple, Microsoft, Google, Meta, Amazon, and Tesla.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.