Is Bitcoin Overcooked After Hitting $72K? Market Analyst Says ‘Don’t Think So’ In Contrast With Chip Stocks
Market analyst and founder of Inside Edge Capital founder, Todd Gordon, shared his insights on Bitcoin’s performance compared to tech stocks, particularly semiconductor stocks. What Happened: During a segment on CNBC’s “Last Call,” when asked if Bitcoin was overcooked, Gordon responded, “No, I don’t think so.” He highlighted the contrast between Bitcoin’s slight pause and the sharp decline of semiconductor stocks on Friday. “I really like the way Bitcoin handled some of the old highs from 2021 … I think there’s very much a correlation to the growth trades, specifically tech stocks and even mor…