Bitcoin is slowly losing its dominance, The S&P is constantly taking a hit <br>

BitCoin analysis and projection

Bitcoin is slowly losing its dominance, The S&P is constantly taking a hit

Weekly Technical Analysis Report

  • The short squeeze happened across the crypto market as predicted.
  • Bitcoin is slowly losing its dominance—currently, it is hovering around 40%.
  • The Ethereum merge hype has pulled many investors globally, but this might not be the right time to invest in Ethereum. 
  • The S&P is constantly taking a hit due to global economic factors.
  • The dollar index is near the 20-year high, around 110.
  • The bond market is still in turbulence caused by the Fed’s rate hikes.
  • The price of gold has been in a range for some time now.