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Bitcoin’s $95k Price Target
I give a lot of Bitcoin updates and I want to emphasize that this is an important update for the next few months. I believe that Altcoins are bottoming out, and that we could see some upside in July and August. There is an important white resistance line that gives Bitcoin a price target around […]Read More
How ETFs Like iShares Expanded Tech Sector ETF Can Simplify Your Approach When Investing In AI
Undoubtedly, artificial intelligence (AI) is revolutionizing markets, and many believe that its influence is only set to grow. Last year, the fervor surrounding this technological industry pushed the leader in data center chips for AI workloads, Nvidia, into the multi-trillion-dollar club. And this momentum persists, as just two days ago, Nvidia surged to record highs, […]Read More
NASDAQ 100 Surges Beyond Bullish Channel: A Warning Sign of Over-Concentration
Here’s the NASDAQ 100 1-hour chart tracing back to the October 2023 bottom. Notably, this is the first instance since that October low where the NASDAQ has surged beyond the resistance level of its bullish channel. It’s important to note that the second bullish channel, which took shape after the April bottom, has a steeper […]Read More