Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
In a long Average social postHenrik Financial Economist Expected the Bitcoin Price (BTC) could fail if the NASDAQ’s Technician (Enghtaq 100 Index see a major fix.
Zeberg insists there is nothing inherently special on bitcoin, argue that is a typical risk asset.
The analyst is convinced that the US bag is currently in a major bubble. Zeberg noticed that the current market report is also higher than on the verge of the global financial crisis in 2007.
Because there is correlation
As reported by U.Today, Bitcoin and NASDAQ tend to have a high correlation because they are seen as risk assets that tend to experts when the feeling of risk.
They often tend to be guided by speculative traders that climbed large price swing.
The two cryPourrencies and technical stocks tend to be highly sensitive to liquidity conditions.
Zeberg says bitcoin and technical wareholders moving in tandem “makes sense” because they are techniques.
“Bubble technique” 2
Zeberg is convinced that there is now another technology bubble in the making.
Moreover, it is convinced is part of that crash, contracted warning to be caught in bubble obese. ”
August 8, NASDAQ Index has reached another intraday high region of 21.464. Bitcoin is also at the impressive distance of a new peak, currently trading at $ 118.336.
