📊 #BTC Analysis - 29 Jul.
Buyers attempted to bounce off the support level; however, significant price recovery remains elusive for now.
As previously mentioned, I anticipate further correction in #bitcoin , leading it towards the $27,200 mark. However, before the decline, we might experience another prolonged period of consolidation and sideways movement.
In such a scenario, based on the dynamics of altcoins and the Bitcoin dominance, I expect some coins to demonstrate notable growth during the BTC's sideways movement, including #DOGECOIN , in which we are holding a long position.
👉 If this altcoin market trend confirms, I will be opening more positions in altcoins. I will definitely share these opportunities with you. Stay tuned!
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