Here's a quick look at what's been happening with the price of Crypto market leader, Bitcoin. We've already had one significant daily close above $71k, but the level I'm eyeing is a daily close above $73 333 (see chart below).
Upward momentum should accelerate once we secure that.
That last daily candle that closed above $71k incidentally failed to close above $73k. That's where the Final Boss Sellers are that we need to defeat to really go higher.
Meanwhile, the Tokenization narrative is heating up!!! 2 Huge things happened over the past 7 days.
- Popular Crypto exchange affiliate Kraken Financial was granted a Federal Reserve Master account, granting Kraken access to FedWire, the interbank payment system that processes trillions of dollars daily!
- Nasdaq announced a partnership with Kraken allowing them to distribute 1-2-1 tokenized versions of publicly traded stocks to customers in Europe & other international markets. This opens up the equities space like never before whilst simultaneously signaling the reality: Crypto is now merging with the traditional financial system & will soon completely replace it.