Bitcoin - Long Continued Upward Momentum
We still hold a long view on Bitcoin and are encouraged the cryptocurrency after it's sharp reversal didn't consolidate below support at $17300. Additionally, we are encouraged that Bitcoin's performance has, not only decoupled for that of the S&P 500, but also that of Gold which unlike Bitcoin has continued it's sell off from last week.
Disclaimer
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.