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The broader macroeconomic backdrop is looking incredibly strong, yet the charts are bleeding. Why? Because US AI heavyweights like NVDA took a sudden 5% nosedive, pulling the entire Nasdaq down with them.
Instead of holding its ground, Bitcoin became collateral damage. We watched it tank straight to $63,065 during the early Asian trading hours. It’s classic guilt by association!
But the tide is already turning. Asian session buyers are fiercely defending the support lines, stepping in heavily to drive the price right back to the $63,500 territory.$NVDAB
The broader macroeconomic backdrop is looking incredibly strong, yet the charts are bleeding. Why? Because US AI heavyweights like NVDA took a sudden 5% nosedive, pulling the entire Nasdaq down with them.
Instead of holding its ground, Bitcoin became collateral damage. We watched it tank straight to $63,065 during the early Asian trading hours. It’s classic guilt by association!
But the tide is already turning. Asian session buyers are fiercely defending the support lines, stepping in heavily to drive the price right back to the $63,500 territory.$NVDAB