Along This whole rally from 25k to 74K we saw two fake breakdowns below daily 50EMA followed by immediate reclaimed of EMA and after that #BTC did rally 70% both time!
1)first fake breakdowns was at 26-27k and than #BTC reclaimed back the 50 EMAA AND than surge to 48k(70% move)
2) second fake breakdown was at 40 to 35k and #BTC reclaimed back 50 EMA and than Surge toward 74k !(70% move)
3)now again #BTC did breakdown below daily 50EMA and again trying to reclaim it if #BTC repeat same historical fractals and did 70% move after fake breakdowns below 50 ema than #BTC might visit 110k
Alt are showing strength because #BTCDom is dumping,now #BTCDom is approaching KEY S/R level and that level will determine what alt will do in short term!
Hold of šļø level= alt will seee redness Breakdown of šļø level= more green days for alt
Breakdown of yellow line(whenever it happen)will initiate the bull run for alt coin!