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Signals of strength in major US indices and weakness in Bitcoin

Fallond Stock Picks ·

IWM
IWM iShares Russell 2000 Index Fund
$278.94 +0.49%
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  1. 1Nasdaq shows the strongest performance with a moderate breakout.
  2. 2The Dow Jones Industrial Average formed a 'dragonfly' doji swing low prior to Friday's rise.
  3. 3Bitcoin failed to break through and maintain the $87,000 price resistance level.

So what's the key point?

The US stock market is moving upward with strength. On the other hand, Bitcoin is losing momentum as it failed to cross the $87,000 level.

Source Fallond Stock Picks · View original ↗

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