Just a quick update on Bitcoin. The cryptos have been getting sold off hard. The news came that Goldman wasn’t going to be opening a crypto desk, which seemed to spark some selling in the US session.
Bitcoin has again opened up weak in Asian trade.
Price has printed a low of $6,250.
That’s down by more than $1,000 since I wrote about it yesterday!
$6,800 was the big level that gave out.