NASDAK 100 loses key support

The prices of cryptocurlencing prices were created by its trend of precipitation after President Donald Trump hosted superior managers for the white house industry summit.

Bitcoin (Btc) Price withdrawn from High $ 15,000 from $ 93,000 to $ 86,000, while AltCOins like Ethereum (El), Solana (Salt) and Ripple (XRP) fell by over 1%. This crash was in accordance with crypto.news’ Predict forecasting.

NASDAK 100 Index collapses below the 200-day average movement

Bitcoin and other Altcoyins can continue to fall until the American stock market finds trend. NASDAK 100 Index, which monitors the largest technological companies, will soon enter technical correction, where the agent falls by 10% of the local top.

It formed a double sample to $ 22,137 and moved under the neckline to $ 20,565. The double peak is one of the larger bear patterns of graphics in technical analysis.

The Nasak 100 index also crashed below the 200-day average average, directed at the trend in the next few weeks. Also, the spread between 200- and 50-day moving average is narrowed, the formation of the death of death is risked.

Other large American stocks, like S & P 500 and Dow Jones, also fell in the last few weeks. The S & P 500 index decreased by 6.3% of its highest point this year.

American aquili and cryptocurries often have close correlation because they are characterized as funds for risk. As shown below, Bitcoin and S & P 500 index are highly correlated.

Criptocurrency and stock prices pulled over the past few weeks due to the ferunction of the United States in the US

Flash Economic data show that now they may be moving towards the negative growth of this quarter due to Trump tariff uncertainties. At the same time, inflation, which is already high, could jump until companies increase prices to compensate for tariff impact.

Impact on Bitcoin, Etherum and XRP

Bitcoin, Etherum and KSRP prices can continue to fall if the American stock market strives to fall, as technical shows.

XRP price has already formed a head and shoulders sample and could have a strong bear Unless moved above the right shoulder to $ 3.

Bitcoin is also in danger of being further suffering to the flake after the formation of double-axes to $ 108,400. He moved slightly below the neckline to $ 89,165 and will soon lose the 200-day average on average. As such, there is a risk that it will be dropped to key support to $ 73,550, the highest point 2024. Years.

Etherum price floats above the key level of support to $ 2,000, neckline on triple roleways to $ 3,000. As we wrote earlier, this form indicates a potential drop of the Etent to $ 1,500 and below.