Bitcoin Holds Up as AI Trade Crumbles
Photo: Crypto Daily
The AI trade continues to go south as Wall Street takes profits. Could this bring the stock market down? Bitcoin is holding firm up to now, but if the stock market falls the $BTC price will probably go with it. The 4-hour time frame illustrates how the $BTC price is still grimly hanging on to the rising channel and the bottom of the upper parallel channel. Now inside a wedge pattern, the price is going to either break up or down, and soon.
Source: Crypto Daily
