A 10% plunge, Bitcoin crashed!
This week, Bitcoin plunged 10%, which can be called a crash. The rebound of Bitcoin actually follows the US technology stocks, and the two are obviously positively correlated. In the past, everyone thought that Bitcoin was electronic gold, but in fact, it was found that it had nothing to do with the trend of gold, and now it is completely out of the influence of the macro economy.
On the other hand, technology stocks officially entered the second round of decline this week, which also formed a large double top structure for technology stocks, and it is very likely to repeat the situation of the bursting of the technology bubble in 2000
