WEEKLY MARKET REPORT
NASDAQ – Global leading Tech Index
The NASDAQ Index gained around 1.2% in the last week, The next critical support is expected at 18,400 level and immediate resistance is expected around 21,500 levels for the coming week.
The top gainers for the week were Fastenal, Sirius XM and Synopsys gaining around 10%, 10% & 8% respectively
The NASDAQ Index is expected to continue the upward momentum as it closed above 20k.
CRYPTO
What is the general sentiment for Crypto?
The sentiment towards the cryptocurrency market remained in the NEUTRAL zone. Compared to last week, the Fear & Greed Index decreased from “50” to “48”
CVDD-TOP CAP PRICE CHART INDICATOR
Bitcoin is expected to continue its upward movement. As per the above model, Bitcoin’s cycle top price prediction is around $162,000
BITCOIN MVRV Z-
ScoreThe period highlighted by the z-score (orange line) entering the pink box, indicates the top of market cycles. It also shows when market value is far below realized value, highlighted by z-score entering the green box. Currently we are in the middle of the bull cycle
Bitcoin chart
$BTC’s price stayed flat around 64k during the previous week. The immediate support is expected at $53.5K and next resistance is expected at $82K. Bitcoin is expected to continue the upward momentum
ETH/BTC
ETH/BTC pair continues to traverse within the descending channel pattern. An immediate support is expected at 0.030 level and resistance is expected at 0.060 levels. ETH is expected to reverse and rally from here
NIFTY
Nifty stayed flat around 25k in the last week. An immediate support is expected around 24,800 levels and resistance is expected around 26,500. Nifty is expected to bounce back from this level
PICK OF THE WEEK – SYMPHONY
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$BTC’s price corrected around 4% during the previous week. The immediate support is expected at $53.5K and next resistance is expected at $82K. Bitcoin is expected to continue the upward momentum 
$BTC’s price gained around 3% during the previous week. The immediate support is expected at $53.5K and next resistance is expected at $82K. Bitcoin is expected to continue the upward momentum 
$BTC’s price gained around 8% during the previous week. The immediate support is expected at $53.5K and next resistance is expected at $82K. Bitcoin is expected to bounce-back from this level. 
$BTC’s price dropped by nearly 4% during the previous week, and is now trading at its support levels. The next immediate support is expected at $53.5K and next resistance is expected at $82K. Bitcoin is expected to bounce-back from this level. 
