The market is currently in a wait-and-see phase for the CPI. Bitcoin is hovering between 109K–113K.
The positive scenario: a breakout above 113.5K opens the door to 118K–125K.
The negative scenario: a break below 109K could push us towards 105K, a critical support area.
Dominance is pressing down, and this gives an early signal for a strong movement in the altcoins if the break below 58% is confirmed.
The positive scenario: a breakout above 113.5K opens the door to 118K–125K.
The negative scenario: a break below 109K could push us towards 105K, a critical support area.
Dominance is pressing down, and this gives an early signal for a strong movement in the altcoins if the break below 58% is confirmed.