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Technology Sector Is Pointing Higher That Can Boost the Crypto Market

Published 02/07/2025, 02:45 AM

The crypto market is still slow today on Friday, so there are no big changes. Stocks are still stable and bullish, while US dollar is still bearish, and both have space to go further, so the US dollar can stay under bearish pressure, while stocks could see more gains in the current risk-on sentiment.
NASDAQ vs BTC

As you can see, the technology sector NASDAQ 100 is just about to break a bullish triangle pattern that can push the price towards the 23k area and if that is the case then Bitcoin and other crypto friends could follow.
Total Crypto Market Cap

Crypto TOTAL market cap chart can still finish a pullback in wave (2), so watch out for a bullish continuation within wave (3) of a five-wave bullish cycle within higher degree wave 5.

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Latest comments

Chan Myay AungFeb 10, 2025, 17:02
honestly
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