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Yesterday, the Nasdaq Stock Exchange fell by 3 % as a model of low -cost artificial intelligence in China, Deepseek, sent a shock through the technology industry, which led to highly declining sales in American chips. While Bitcoin (BTC) also decreased to less than 97777 dollars, the leading cryptocurrency has since recovered most of its losses, trading above the main price level of $ 100,000.
Bitcoin holds strongly despite the sale of Nasdak
Bitcoin flexibility amid the sale of the stock market is “very upward”, He says European BitWise Research, Andre Dragosch. They highlighted that the leading digital origins have surpassed Nasdak over the past two days and currently showed limited downward risks.
It should be noted that BTC has gained nearly $ 5,000 since yesterday’s decline to $ 97777, as it was circulated at 102,758 dollars at the time of writing this report. On the other hand, the S&P 500 closed yesterday 1.5 % trading sessions.
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It is clear that the excellence between BTC and the stock market is clear from the feelings of different investors. According to “Fear & Greed Index”, the stock market is currently Sitting At 44/100, indicating the remaining fear among investors after the shrinking market shrinks.
On the contrary, the index reading of the encryption market is 72/100, indicating a feeling of greed towards digital assets. However, this may also indicate that the encryption market is behind the stock market and may suffer from an additional decrease while the stock market seeks to stabilize.
At the same time, Keith Alan, co -founder of material indicators, participated, a mail On X, BTC’s brief recession display as an opportunity to decline and add BTC. Alan note:
This wick should not shake to $ 97,750, your confidence in this running in Bitcoin Bull, but it must remind you that deep correction can develop, and most likely, when the market ends.
Likewise, Rekt Capital subscriber Insights about the current price of Bitcoin, noting that it is “still relatively early” in the equivalent of the equivalent of the market cycle. Historically, this stage lasted about 300 days on average, and BTC is currently 82.
BTC Top is not yet?
Although BTC has reached the highest new level (ATH) of $ 108,786 on January 20, some analysts believe that the summit has not yet reached the encrypted currency. According to the analysis conducted by StockMoney Lizards, BTC can reach the peak of a course of $ 400,000 by November 2025.
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There seems to be an additional gathering of BTC reasonable, and “whales” Start The accumulation of cryptocurrency has been accumulated since Donald Trump’s inauguration. last Expectations It indicates that BTC may reach peak at $ 249,000 under the Trump administration.
On a long -term horizon, BTC’s height can reach $ 1.5 million According to Metcalf law. At the time of the press, BTC is trading at $ 102,758, an increase of 1.1 % in the past 24 hours.
A distinctive image of Unsplash, X and TradingView.com plans
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