Bitcoin: New Bull Market Or New Market Low?

Bitcoin (/BTC) and Ethereum reclaimed the key technical level at their 4-year or 200-week moving averages, and the reason that's important is because we saw that same behavior at previous major market lows, notes Javed Mirza. He talks about how markets are mixed following the latest jobless claims data. He talks about the technical trends to watch in bitcoin and the correlation between bitcoin and stocks. He goes over the major technical trends to watch in bitcoin. He mentions that their technical work is telling them that we have started a new cyclical bull market. Tune in to find out more about the stock market today.