
The financial markets are experiencing a significant bullish sentiment, particularly in the cryptocurrency and tech sectors. Bitcoin is showing strong performance, sitting above its 2021 highs and breaking out of a multi-year cup and handle pattern. Key technical indicators such as the weekly MACD and RSI are crossing over, indicating a mega bullish trend. In the tech sector, the QQQ ETF is also exhibiting bullish behavior, nearing a new weekly closing high. It recently bounced from a midweek low of 485 and is now approaching the 500 mark, with resistance at the top of the Bollinger Bands. The QQQ price is stuck at the top of the Value Area for the day, watch $491.62. It needs a close today over $496.16 and is reaching up to its upper daily iVolBand of $499.29. The market sentiment is overwhelmingly positive, with many investors expressing strong confidence in continued upward momentum.









