The bottom falls out of bitcoin as it extends decline to 9%

  • Bitcoin hits stops

US stocks are still holding (barely) their lows but bitcoin has been a bit of a leading indicator lately. If that's the case then look out because bitcoin just dropped $800 in short order to hit a session low of $36,038. As I write it's bounced modestly from the figure.

In the bigger picture, today's candle is an ugly one.

bitcoin daily

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