Bitcoin (BTCUSD) - $70,000 In The Makings
2024-10-21

It's evident that Bitcoin has not been performing with the same strong flames like Gold, S&P, and Nasdaq as these assets have recently booked all-time high prices whilst Bitcoin is still rangebound between the $50k - $71k mark. 

However, BTC is up 40%* from the lows, printed on Aug 5th 2024 with the chance of a continued run higher upto $70k - $71k especially if index futures market continues it's bull run.

Note Nasdaq and BTC. Correlation is not strong but whenever one goes up, the other follows. 


