Bitcoin Risks Falling to $8K as S&P 500 Stares at Its Potential “Big Short”
26 May 2020 - 9:02PM
NEWSBTC
Bitcoin is under risk of continuing its bearish correction as the
S&P 500’s trading range indicates a drop. The U.S. benchmark is
trading between its 50-day and 200-day moving averages, a metric
that typically leads the market lower. The correlation between
Bitcoin and the S&P 500 has grown stronger since their March
2020 sell-off. A...
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