Liquidity returns to altcoins📈
The halving is behind us and it is obvious that now BTC will punish short sellers at the 71-72k mark with an ATH upgrade. There are 5 to 6 billion settlements accumulated there. I already wrote about this in my last post.
Today, Bitcoin rose from 63K to the $65,500 level and at the same time its dominance over BTC.D simply collapsed and alts began to recover. Bitcoin needs to surpass the $65,500 mark and gain a foothold there to grow further.
But there are still few volumes on the market, as today is Saturday. I expect further growth in altcoins and a decrease in Bitcoin volatility. I expect Bitcoin's dominance to decrease to 54.5-55% in the coming days, which will accelerate the recovery of the alternative market.
I have not yet sold any of the positions I took last week, I hope that next week we will have several green days and excellent growth, in which we can close positions with a good plus. This weekend you can relax and not look at the market for now.$BTC
The halving is behind us and it is obvious that now BTC will punish short sellers at the 71-72k mark with an ATH upgrade. There are 5 to 6 billion settlements accumulated there. I already wrote about this in my last post.
Today, Bitcoin rose from 63K to the $65,500 level and at the same time its dominance over BTC.D simply collapsed and alts began to recover. Bitcoin needs to surpass the $65,500 mark and gain a foothold there to grow further.
But there are still few volumes on the market, as today is Saturday. I expect further growth in altcoins and a decrease in Bitcoin volatility. I expect Bitcoin's dominance to decrease to 54.5-55% in the coming days, which will accelerate the recovery of the alternative market.
I have not yet sold any of the positions I took last week, I hope that next week we will have several green days and excellent growth, in which we can close positions with a good plus. This weekend you can relax and not look at the market for now.$BTC
75 K
65%
55 k
35%
240 votes • Voting closed