Weekly Market Report
NASDAQ-Global Leading Tech
The NASDAQ Index corrected by 2.45% and closed at 29,308 in the last week.
MSTR & TSLA were the strongest stocks for the week, rising around 6% & 5% respectively.
The NASDAQ Index is expected to gain this week.
CRYPTO
What is the general sentiment for Crypto?
The sentiment towards the cryptocurrency market stays in the GREED zone. Compared to last week, the Fear & Greed Index increased from 31 to “73”.
CVDD-TOP CAP PRICE CHART INDICATOR
Bitcoin is expected to gain this week. As per the Terminal price model, Bitcoin’s cycle top price prediction is around $299,000 and Bottom is around $50,000.
Bitcoin chart
$BTC gained 23.58% as expected and closed at 77.73K in the last week. Bitcoin is showing signs of bottoming, Bitcoin is expected to gain this week.
ETH/USDT
$ETH gained 31.41% and closed at $2460 in the last week. ETH is expected to gain this week.
Strong momentum tokens to watch for – TRUMP & AAVE.
NIFTY
The Nifty50 Index corrected by 0.47% and closed at 24,252 in the last week. The Nifty has formed higher lows and is showing signs of reversal. Nifty is expected to gain from here.
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