Will Bitcoin Have a Year-End Rally?

Both on the chart indexed on the ETF QQQ (proxy for the Nasdaq index) and on the Bitcoin chart itself, we have a bullish divergence.
If Bitcoin breaks out of the yellow region at the 0.5 Fibonacci retracement, I believe it could go all the way to the top of the wedge, and then deliver the final sledgehammer down.

For a while Bitcoin had a decorrelation with QQQ.
I am hoping that there will be a compensation of this gap.

Komentar:

The yellow zone: