Bitcoin: Markets Add $1.45 Trillion in One Day
Bitcoin jumps 4.51% to $81068.77 as markets add $1.45 trillion with Nasdaq +1.43% and yields falling.
SourceAnalysis
Bitcoin led a broad market pump as over $1.45 trillion flowed into assets today, lifting Nasdaq 1.43%, S&P 500 1.05%, Dow 1.20%, gold 2.25% and silver 2.53% while treasury yields dropped and rate-hike odds faded.
BTC price prediction models now price in continued upside after this crypto market rally, yet the 4h chart shows price testing upper Bollinger resistance at $80552.94 with RSI(14) at 71.13 overbought and MACD golden cross intact; a retracement toward the EMA50 support at $77818.66 looks probable before the next leg higher in the bullish structure above the EMA200 at $72268.04.
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