#btc As we’ve mentioned in our posts, there is a routine drop to the $73,000 level; however, the decline is partly due to long-term holders and the rejection of the bill in the US. That said, why do Americans rush to the forefront when it comes to the rally Bitcoin needs to make? Let it be traded in Yuan instead 😅.
#Btc Regarding today's Bitcoin market opening, the price is currently hovering in the 82,000 range. The US will likely reject the crypto asset legislation again, yet it will still collect taxes on Bitcoin from its citizens. Bitcoin doesn't heed the US; there is a possibility of it hitting 86,900, though the current trend is sideways, likely returning to around 83,400. The daily forecast allows for a deviation of about $800—it could even reverse at 87,600. Following this sideways phase, the prospect of the price climbing to the 157,000 level is as certain as the fact that you have two eyes.
#Dominance I’m keeping an eye on the dominance level; there’s no issue with a correction while the price drops—it’s a sideways decline. I’ve listed the target zones again, but be warned: if dominance spikes while the price is at the peak, you’ll end up as toast, not pizza. 😅
#btc Don't just make wild guesses; look at past data. My view is that after a passive rise, we'll see a sideways trend—this is the long-term outlook shown in the image on the left. I forgot to make a correction: that wick down there won't hold this chart up; it will come back to that zone and trigger margin calls. Spot holders shouldn't pay attention to me.
#Btc I don't know anything about the Ichimoku cloud, haha. As long as the Bitcoin supporters remain active for the long term, this situation will likely continue—I really can't say for sure.