(12/16, Fri) btc fell -2.6% following the Nasdaq's falling

Yesterday(12/15 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $17811, its lowest as $17270, its highest as $17858, its closing as $17351. Bitcoin reached a peak immediately after the start of Thursday, fell and move sideways, and more fell from 13:00, reached a bottom at 22:15, and ending -2.6% down.

Looking at the 4hr chart, Bitcoin, which had been corrected after reaching a short-term high the previous day, fell one step further, which appears to have followed the decline in the stock market. On the daily chart, it was corrected by about $1,000 from the short-term high of the previous day, and it seems that the upward momentum has weakened.

It seems that the market participants, who expected a Santa rally, has been greatly disappointed by Fed Chairman Powell pouring cold water, but the next FOMC meeting is in February next year and there is a possibility that the market will create a different narrative to raise the market by then. And as long as the btc does not fall below $17k, it might rise above $18k again.