Bitcoin just flashed a 2-week sell signal while gold and silver rally. Here's how I'm positioned
(Kitco Commentary by Cassius Cuvée) - Bitcoin slipped below $75,000 even as tech stocks bounced, and its higher-timeframe momentum just turned red. Meanwhile, my gold and silver longs keep getting stronger.
#
Bitcoin# dipped below $75,000 Sunday and is trading around $74,500, with no sign of bullishness at the moment. That alone isn't a big deal. What matters is what's happening today: the Nasdaq 100 is up over 3%. Bitcoin usually moves with tech stocks. When tech bounces and Bitcoin still goes down, that's weakness.
@CassiusCuvee