Bitcoin is up nearly 50% against Nasdaq over the last 3 months, and now it’s testing a major resistance zone.
This is where things get interesting.
If BTC gets rejected here, we could see a correction similar to what happened in the 2022 cycle after Bitcoin formed its bottom.
But if Bitcoin breaks and holds above this resistance, the story changes completely.
BTC could start outperforming equities and take the lead into a much bigger rally.
This is a key level. The next move could tell us a lot about where the market is heading.
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity
This is where things get interesting.
If BTC gets rejected here, we could see a correction similar to what happened in the 2022 cycle after Bitcoin formed its bottom.
But if Bitcoin breaks and holds above this resistance, the story changes completely.
BTC could start outperforming equities and take the lead into a much bigger rally.
This is a key level. The next move could tell us a lot about where the market is heading.
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity