Hello
This is an analysis with training
The first thing we notice when we see the chart
Bitcoin is not supposed to always move based on the rise and fall of the Nasdaq, but it can sometimes detect growths that eventually become crypto fakes.
We are in a bullish wedge pattern in Nasdaq and Bitcoin, which can eventually lead to a fall, but the uptrend of the pattern must break, and in the bullish scenario, if the ceiling of the pattern breaks, an upward parabolic movement will occur.

Nasdaq Stock Exchange (NASDAQ)
NASDAQ is the world's largest electronic market in the heart of America. Nasdaq is headquartered in Times Square, New York City

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.