Mike McGlone|Nov 06, 2026 11:25
Cascade Triggered? Bitcoin $80,000, Copper $6.4 Breakdown Pivots
Bitcoin's failure to hold above $80,000 and copper's drop below key support near $6.40 per pound following the US midterms could signal a potential cascade of selling into year-end. The leading-indicator cryptocurrency's break below this key level, first established during its 2024 paradigm-shift year, might be a warning. My analysis highlights copper's same-chart relationship with the stock market.
Full report on the Bloomberg here:
https://blinks.bloomberg.com/news/stories/to2rx9kijh8t {BI COMD}
#copper #futures #Stocks @BBGIntelligence
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