Snowball Daily Market Update,
Witness history! Global stock markets are in turmoil, and the Japanese stock market has experienced its biggest drop since 1987. The latest news: Apple fell more than 8% and Nvidia fell more than 9% before the US stock market opened.
For this reason, as I mentioned yesterday,
Be careful at the close of last week and the opening of Asia - if the Nikkei index looks weak, then this may affect BTC again.
So far, BTC's biggest pin is at $49,000, which was the daily high on the day the BTC ETF was launched. I am currently waiting for Monday's range to form, as the chain reaction of today's US stock market opening will be crucial. Let's see if $53,200 (the lowest price last month) will give Bitcoin some support at the close of today.
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