Bitcoin fell to $67,500 on Friday, slipping below its 200-week simple moving average on its first test of that level in 11 weeks. Material Indicators co-founder Keith Alan said Bitcoin could revisit $57,700 if its weekly relative strength index fell below 41.5; he also noted that holding that level would have bullish implications.
Asian stocks and Nasdaq-100 futures also fell following Jensen Huang’s resignation as Nvidia CEO, but the source does not establish that his resignation caused Bitcoin’s decline.
