It looks like Bitcoin decided to follow the Nasdaq and Dow Jones lower today ...
Not sure why that is but I was kind of hoping Bitcoin would do its own thing.
When we see a solid break from Bitcoin and the stock Market I think that will be the indication we are headed to $1 Million Bitcoin.
Maybe tomorrow .... Let’s see what happens.
I think Elon Musk bought his $1.5 Billion Bitcoin as a hedge to the Falling Stock Market. It doesn’t seem to be helping Tesla stock at the moment.
Bitcoin Chart : https://coinmarketcap.com/currencies/bitcoin/
Nasdaq Chart :
My guess is the downward trend can't happen for much longer but if it does, it is Bitcoin shopping time.