Samlunch
06-24

$CME Bitcoin - main 2406(BTCmain)$ $iShares Bitcoin Trust(IBIT)$ $MicroStrategy(MSTR)$$Coinbase Global, Inc.(COIN)$  


$BTC Bitcoin Daily RSI nearing its lowest since August 2023.

Bitcoin itself is near a 5.5wk low.

Nasdaq-100 was trading around 18,500 then or about 6% lower than today.

Correlation has certainly decoupled from $QQQ during this time frame. Either Q’s gotta go down or BTC has to go back up, for some mean reversion?

All in all, BTC looking a bit near term oversold and I spy a mini falling wedge…

HODL.

BTC Rebound: Did it Successfully Break Through?
Bitcoin successfully broke through $63,500 yesterday, and related concept stocks surged during the trading session. ------------------------- Is a buying opportunity for you? Did BTC successfully break through? When will the consolidation phase end? What's your target price for Bitcoin?
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