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Celebrating champions at the crossroads of the world. Nasdaq congratulates the @NYKnicks on their first @NBA Championship in fifty‑three years, as NYC comes together for the ticker‑tape parade.
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📊 #BITDailyChart# | Nasdaq at a Crossroads Momentum has turned negative for the Nasdaq following the postponement of OpenAI’s IPO, the end of “tokenmaxing,” and growing pressure from lower-cost Chinese open-source LLM alternatives. Yet from a technical perspective, the index has reached oversold levels that have historically preceded a rebound or renewed uptrend. While we continue to lean toward an ongoing correction, technical reversal indicators suggest that a potential turning point may be near. Disclaimer: This content is provided by a contracted analyst for informational purposes only and does not constitute investment advice. Investing involves risk. #BIT# #Nasdaq# #OpenAI# #ArtificialIntelligence# #TechStocks# #TechnicalAnalysis#
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The crypto industry is at a crossroads. The best assets, companies, and people will graduate to the big leagues. The rest of the industry will slowly die away. I explained to @cvpayne earlier today.
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