The ‘bro bubble’ is bursting, says Bank of America strategist. Here are the key levels to watch for the Nasdaq, Palantir and more. - MarketWatch
1. Bitcoin's price fell below $80,000, breaking key support levels. 2. Bank of America noted record outflows from cryptocurrencies totaling $2.6 billion. 3. Investor sentiment is shifting towards equities and long-term bonds. 4. Market rallies in speculative stocks and cryptocurrencies are losing momentum. 5. VWAP indicates $97,000 as a critical breaking point for BTC.