Bitcoin Has Traded At An Intraday Low Of $10,100 – Unable To Break Above $10,940 • After rallying while U.S. equities plunged earlier in the month, Bitcoin has followed stocks lower, with the digital asset tumbling about 14% this week • The token, which last traded below $10,000 on Aug. 1, had climbed as high as $13,852 on June 26 • Advocates had been pointing to the increased negative correlation with U.S. equities as proof that investors were turning to Bitcoin as a haven. That narrative is unraveling this week as the inverse relationship erodes • Last Week Goldman Sachs Predicted In A Client Note That Bitcoin Would Climb To $14K • Email Now To Access Our Next BTC Algo Trade Alert: inquiries@ppchk.net
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