We've been saying that Bitcoin is a macro commodity instrument on steroids. Commodities trade on momentum and Bitcoin (CRYPTO: BTC) even more so.
There are a few oscillations that we focus on, short and medium term.
We wanted to share our nearer term thoughts on the major market movers. Technical risk has built near term on individual stocks. I'm pretty bullish fundamentally on the market but the core stock drivers shorter term are showing some risk technically.