$BTC is struggling to hold that 98K zone when the market reopens, the only time we was Bitcoin holding that zone is on weekends and holidays. 馃憖馃搲
What鈥檚 the cause of the drop? Nasdaq, yes US market is down again especially when the London session started on 8 AM GMT, we saw a drop in Nasdaq and therefore Bitcoin followed it. So far, we haven鈥檛 seen any attempts from Bitcoin to move by itself and not rely on other markets to move. Which is still worrying that if we see a big drop on Nasdaq again, we will see Bitcoin drop way more than just 93K.
I鈥檒l try to share with you more details when the US session starts, and hopefully we see a comeback from Nasdaq so we can see Bitcoin move up again. Even tho, I really want Bitcoin to move by itself to confirm the bullish run.
