Update: Bitcoin responded the 75 bps rate increase announced by the Fed by dipping back down to $20K and then rebounding by 15% - an unsatisfying result for the liquidation hunters, but also an unconvincing rebound. The US stock markets more or less did the same thing. Will they give up? Or try again?
Bloomberg just ran an article with the headline: "Tesla, MicroStrategy, Ark ETF Need to Capitulate Before Stocks Bottom"
https://archive.vn/brUep
Update: Bitcoin responded the 75 bps rate increase announced by the Fed by dipping back down to $20K and then rebounding by 15% - an unsatisfying result for the liquidation hunters, but also an unconvincing rebound. The US stock markets more or less did the same thing. Will they give up? Or try again?