Issue 208 – Big Test for Markets Next Week

May 6, 2022

Happy Friday!

It was another down day for markets, with BTC coming within a few hundred dollars of testing $35,000.

Today, I discuss why next week is a big test for markets, both stocks and crypto. We’ll look at a particular level on QQQ and what it means for crypto.

I also give an update on USDT.D (Tether dominance) to show how it too has a massive test coming up.

Plus, an update on TOTAL, what to expect from BTC and ETH this weekend, and where they should find support next week.

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Trading Tools & Resources

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Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

Learn more