US100 (NASDAQ) & Crypto Market Update 📈📉
Today is Non-Farm Payroll (NFP) Thursday. That's why the market has been consolidating after 9:30 AM EST.
Key observation: DXY (US Dollar Index) is showing strength. If the Dollar continues to push higher, we might see negative correlation pressure on both NASDAQ and Bitcoin (BTC) in the short term.
What are your thoughts on today's price action? Let me know in the comments!
Disclaimer: This is for educational and market analysis purposes only, not financial advice.
#NASDAQ #bitcoin.” #crypto #technicalanalyst #DXY #tradingview
Today is Non-Farm Payroll (NFP) Thursday. That's why the market has been consolidating after 9:30 AM EST.
Key observation: DXY (US Dollar Index) is showing strength. If the Dollar continues to push higher, we might see negative correlation pressure on both NASDAQ and Bitcoin (BTC) in the short term.
What are your thoughts on today's price action? Let me know in the comments!
Disclaimer: This is for educational and market analysis purposes only, not financial advice.
#NASDAQ #bitcoin.” #crypto #technicalanalyst #DXY #tradingview
