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$BTC 🪙#BTC
🟠CME closed yesterday at 52.2K. I remind you that we should observe how the price behaves over the weekend and how this current week closes. Typically, weekends pass calmly, but there can also be impulsive movements towards the end, which form false breakouts on the weekly chart.
✍️I have already written about false movement more than once. You can read above. If we see it - all the current movement above 49-50K is nothing more than liquidity gathering. But for now, this is only a presumption.
⚠️BTC has not yet fully bounced down from the ascending resistance line, while altcoins already feel poorly. It's also worth observing their support zones on the weekly chart - a breakout would indicate potential downside.
Bitcoin dominance: 53.86%;
Fear and Greed Index: 76 (extreme greed);
Altseason Index: 51;
Market capitalization: $1.89 trillion.
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