🚨Bitcoin price chart flashes a bullish sign that could lead to breakouts in ADA, QNT, RNDR and RPL.
BTC’s chart is beginning to look bullish, and ADA, QNT, RNDR, and RPL could rally if the Bitcoin price breaks out to the upside.
The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week, while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first such occasion since January 2020.
In addition to the above, the expectation of the Federal Reserve remaining in pause mode CME’s FedWatch Tool is showing a 75% probability of a pause, with the remaining 25% expecting a 25 basis point hike in the June 14 meeting.
