Bitcoin Slows Down At 70k As Nvidia Keeps Consolidating
Mar 27, 2024

BTCUSD + NVDA

Hey guys,

Cryptos are bullish no doubt, but I am just wondering if 70k on bitcoin, will be strong resistance in the short-term, now when NVIDIA is coming down a bit. I see nice support for NVIDIA near 800. Not sure if we will see this level, but it looks like that correction on stock is not finished yet, so possibly there will be a delay on new break higher on cryptos if stocks would really pull back for end of the month and end of the quarter flows. Also, don’t forget on the Easter holidays which can certainly have an impact on the markets.

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