Bitcoin has been repelled not just once, but twice, from its breakout line in a matter of hours.
In the midst of this, Alphabet (GOOGL) which is having an historic 20-for-1 stock split today, was up earlier because, as everyone knows, splitting a stock makes the profits of a company grow tremendously, but that is falling to pieces…….
……..which likewise is hammering the /NQ, which is still up, but not nearly as much.
Who’s to blame for the wheels coming off? I think it’s pretty clear.