Good morning friends,
We are starting a new week, I hope it will be a profitable week for everyone.
Important topics of this week:
- There is DNC 24: "There are positive developments about the economy" may be a statement.
- There is a Powell speech on Friday, I said "it will start to turn into direction-indicating speeches", I think it will happen this week, even if it does not, such positive speeches will start from September.
Let's start with the first analysis of the week:
$BTC When we look at it, for the first time in my life, I see such an eager Buyer, including bull seasons.
As I said, I attribute this to the confidence of Institutions and big investors.
We have received a lot of positive and big news. A completely different and big bull awaits us.
Our first support in our down scenario is 54-54.7k.
#Bitcoin When we look at Dominance, it fell a little over the weekend with the money entering the lower levels.
Since it is the beginning of the week, there are some declines with the sales of traders.
But as I said, my goal is to push the 70% levels, even long candles haven't come yet.
The reason for this is that we are experiencing an intermediate rally and money is entering the bottom.
When we look at #Crypto Total, support has been formed at 2.03 trillion and it maintains this throughout the horizontal movement.
If it breaks down, there is 1.9 trillion.
In the upward movement, 2.250-2.5 trillion will give us good movement.
If you haven't participated in the draw, you can participate from X: @CryptOnurHan profile fixed.