Bitcoin fell to $67,500, 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 falls below 41.5. He also said holding that level would have bullish implications.
Asian stocks and Nasdaq-100 futures also fell following the reported resignation of Nvidia CEO Jensen Huang. Hong Kong’s Hang Seng closed down 1.55%, South Korea’s KOSPI fell 0.98%, and Nasdaq-100 futures dipped 0.2%.
