Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: BTC Bear Break a Vital Risk Gauge and more

In today’s briefing:

  • BTC Bear Break a Vital Risk Gauge

BTC Bear Break a Vital Risk Gauge

By Thomas Schroeder

  • Bitcoin is a key risk gauge and counter measure that aligns with and leading a bearish September equity cycle.
  • Link BTC support break with the NDX break below 13,300 and 13,000 bigger pivot level and WTI’s more bullish structure that will shift the inflation narrative.
  • BTC 23k fresh sell resistance with a target of 15k. Synergy with building equity shorts into a late August bounce.

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