S&P breaks support level and Bitcoin fails to maintain moving averages
NDAQ Nasdaq Inc
$102.56 -0.72%
View chart & analysis → - 1The S&P index has lost the 7,650 support level and is remaining in the 7,600 to 7,650 range.
- 2Nasdaq has reached a critical point where a retracement to the 24.5K trading range low may occur.
- 3Bitcoin declined after failing to maintain its breakout above the 20-day and 50-day moving averages.
So what's the key point?
Stock market indices fell below their support levels and Bitcoin also declined. Prices for both stocks and crypto assets may fall further.
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