Bitcoin's 'Ichimoku Cloud' Suggests Further Drop Toward $24K: Valkyrie Investments

According to a technical analysis by alternative asset management firm Valkyrie Investments, bitcoin's recent price slide may have legs and the largest cryptocurrency by market cap could see a further decline toward $24,000 as BTC's daily chart Ichimoku Cloud, a momentum indicator, has flipped bearish. CoinDesk's Jenn Sanasie presents "The Chart of the Day."