#BTC #DOMINANCE #Anonymous_57 As usual, such things work out efficiently, there is a reaction, a large rebound is not necessary, the indicator has been fulfilled, and therefore we can continue to grow in altcoins, but this is not a guarantee. This needs to be understood. Overall, I expect further growth, for example, to update the high for Bitcoin one more time, and then a deeper correction, for example 😏
#BTC #DOMINANCE #Anonymous_57 Bitcoin's dominance is facing losses... Meanwhile, according to the whale pump indicator, there is a buyback, I think we will see negativity in the market, where the grandpa will make a minus of 1-3%, and altcoins as usual 10-30%, still the 4-day candles are already signaling...
#BTC #Anonymous_57 $BTC Looks very bullish. I think there will be several updates to ATH, I would like to see a significant update, something like 118k, to go into a good correction. How it will actually be, time will tell.
#mem #Anonymous_57 While grandpa updates the hype, the short-sellers continue to balance on the edge of liquidation on altcoins, and this is right before the altseason. Here's what it looks like 🥱
#BTC #Anonymous_57 $BTC Clear execution from the trap line. Considering how they started pouring into altcoins, I think we will update the ATH for Bitcoin. At least the longs on the shields will come out of the negatives 🤭
On TradingView, the metrics and oscillators are bullish on the daily timeframe, but the situation is not as bullish on smaller timeframes. I would like to see a correction before a confident rise below 100k, then we can justify the data from TradingView 🥱
#BTC #Anonymous_57 #altsesaon I have seen this chart of Bitcoin dominance over altcoins in many places, and many are currently pushing the idea that the alt season will start on July 1st. Neither earlier nor later. Even despite the fact that according to a large number of indicators, oscillators, and metrics we are indeed on the brink of the alt season beginning, many people simply do not understand what an alt season is because they have just found out about crypto "the day before yesterday," and the last time the alt season pleased us was exactly 4 years ago. The problem is that the alt season does not start in one day; in fact, it does not have a precise date. What is an alt season? It is the percentage ratio of the market capitalization of all altcoins to Bitcoin. There is also the alt season index, which is the ratio of Bitcoin to the top 100 altcoins by market capitalization over the last 90 days. The problem for information marketers is that if tomorrow the altcoin market wildly pumps against the backdrop of Bitcoin, the Bitcoin dominance percentage will drop by at best 1-1.5%, and right now it is 65.88%, so what, is this the beginning of the alt season? Of course not. When the real alt season begins, many will start losing money without realizing what is happening. Be patient 😉
#BTC #Anonymous_57 $BTC As I assumed in the previous post, we went to 108k, now we have to watch. I think we now have 2 options: either break through the zone at 108k and update first the local and then the historical high, or wait for negative news (any, but significant for politics or the economy) to remove liquidity in the zone below 100k. What bothers me more is the fact that for the last 2 days, Bitcoin is slowly but steadily rising, which cannot be said about the altcoins; they initially grew, but then most confidently returned. Perhaps the market is trying to update the high in Bitcoin dominance to facilitate the organization of an alt season, we will see.
#BTC #Anonymous_57 $BTC We have secured above the trap line, overall this does not guarantee that we will go higher, just locally now this level will act as resistance on the way down. We might even go to 108k to test the short sellers, and then test the trap line for a breakout. Time will tell, I hold my short 🥱
#BTC #Anonymous_57 #war Trump announced the end of the war between Israel and Iran, the market is reacting, grandpa is already at 106k, do we believe in Trump? a big big question, this peacemaker on max can declare war on China tomorrow just to end it in 2 days 🙃
#btc #Anonymous_57 $BTC The WC-135R "Constant Phoenix" — a radiological monitoring aircraft — has begun to circle over the USA, detecting radioactive clouds in real-time. Such signals do not bode well, especially if the countries involved in the conflict in the Middle East start attacking each other's nuclear facilities; this could have a significant impact on the markets. Additionally, photos have emerged of barges preparing for China to deploy its army to Taiwan. Bring back COVID, it was so good 🫠
#BTC #Anonymous_57 $BTC I think with the beginning of the new week there is a high probability of testing the area of the last local low, so after going to the zone of 102000-102700 and the subsequent re-low, one can expect a pullback to the nearest resistance zone around 108k. If it consolidates below 102k, the scenario is canceled.