(5/14, Fri) btc closed flat following Nasdaq chart

in #btc3 years ago

Yesterday(5/13 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $49492, its lowest as $44632, its highest as $51344, its closing as $49700. After the start of Thursday, Bitcoin fell to the low of $44632, companied by a large sell volume following the previous day's decline, then rebounded immediately above $48,000. And it went up and down along the NASDAQ futures chart all day to close 0.4% up.

If you look at the 4 hour chart, it is on the way to the bottom, and if you look at the 1 chart, it is important to break the $51200 mark in a short time with the current 100MA breakdown. As per the inflation issue that caused the US stock market to fall on the previous day, the Fed executive's remarks that it was "temporary" and the US CDC's declaration of "No Mask" for vaccinationists led to the rise of the US stock market in one day.

When looking at the financial market since last year, there is something that I don't understand. It is that certain issues are sometimes interpreted as good news and other times as bad news. The day before, the inflation issue didn't come out suddenly, it had been there, but it didn't make sense for the market to react as if it weren't. So, I understand that this situation is just a playing of big money power.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63348.66
ETH 2668.99
USDT 1.00
SBD 2.78