bitcoin while falling below $25,000 with recent declines altcoinThere were also sharp declines.
Investors, are these levels the bottom? Will the declines continue? while waiting for answers to your questions, Chris Burniske, former analyst at Ark InvestAn evaluation came from
Nasdaq-100 (NDX) Comparing Bitcoin with Bitcoin, Burniske said that after the NDX rise of investors BTC He said he could turn to risky assets, including
Accordingly, after Burnsike NDX’s rise stopped BTC Noting that cryptocurrencies such as to cryptocurrencies He stated that it showed that they could be translating.
In this context Glassnode co-founder Yann AllemannCiting ‘s NDX-Bitcoin benchmark chart, Burniske made the following statements in his post:
“An interesting observation that cryptocurrencies like Bitcoin usually go bullish after NDX completes its rise.
Accordingly, investors are turning to risky assets like BTC after NDX completes the rise.”
Burniske invested in Bitcoin after the Nasdaq and then Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NFTHe added that he thinks it will flow into digital assets such as .
An interesting observation that crypto often runs after $NDX stalls — rotation into higher risk. https://t.co/u6GExx2PDm
— Chris Burniske (@cburniske) June 18, 2023
*Not investment advice.
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