May 6, 2026

Short BTC below 32350

Short BTC below 32350

Short BTC below 32350

Short BTC below 32350

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Caseiko


Short BTC below 32350

US stocks continue to get hammered and the Fed continues to raise rates and tighten QE . In my opinion is this going to have a negative impact on the crypto market IF NASDAQ continues it’s decline and DXY continues to rise. This is a pretty standard non-failure top reversal formation which is quite bearish .

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