Price Bitcoin Stable as Nasband 100, S & P 500, SCHD Retreats

The price of bitcoin was constantly over $ 95,550 even as popular American index shares and exchanging funds traded.

Bitcoin (Btc) He traded above $ 96,550 at the last check on Saturday morning, the day after American shares had their own worst day this year.

NASDAK 100, S & P 500 and SCHD withdrawals

The BLUE-CHIP S & P 500 index is divided by 1.71%, while the technological Native is 100 dropped by 2%, deleting 455 points. Similarly, DOV Jones and small weighted Russell 2000 were reduced by 1.70% and 3%, respectively.

Schwab American capital for dividend ETF fell by 0.5%. This ETF, known as SCHD, monitors some of the largest stocks in the US and is very popular among the investors dividends.

Many technological actions, including Nvidia, Apple, Microsoft and the meta platforms were among the top lags.

CNN Fear Fear and Greed Index remained in the terrible zone of 35, while Cripto Fear and greed index transferred to greed of an area of ​​38.

Bitcoin and American actions have withdrew due to elevated market risk on tariffs of President Donald Trump and Federal Reserve.

These weeks are required to be understood that most officials favor restrictive policy because inflation remains elevated. The data published earlier this month found that title and core Consumer price of roses at 3% and 3.3% in January, which moves further from 2% of the goal.

Bitcoin and other cryptocurrency work well when the federal reserve has a wind tone. For example, they collapsed in 2022. year as bank rates, but they refuted between 2023. and 2024. years, because the bank started its turn.

Investors are also concerned About tariffslikely to lead to more market risks. Trump has already applied tariffs in Chinese imports. Tariffs on Canada and Mexico and steel and aluminum will begin in March. It also considers imposes on European goods.

Larger tariffs are likely to lead to stagflation, in which great inflation is accompanied by a slow growth rate. It is a difficult period because the interest rate due to slow inflation lead to slow economic growth, while the interruption of installments run higher inflation.

Graph Bitcoin price points on the jump

There are signs on the positive side that the price of bitcoin will focus a strong return in the coming weeks. The weekly graph shows that it formed a bakery form, which is composed of a high vertical line and some consolidation. This form eventually runs a powerful Bullish stop.

Before that, the price of Bitcoin formed a sample of glasses and handles. This cup has a depth of about 78%, which means that the goal of the BTC price is about $ 121,590. The goal is established by measuring the distance from the top of the cup.