A sweet spot to pull-backTechnical 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.
