The current price is testing the 4-hour MA50, acting as local support but with limited reliance. Anticipating a bounce from the Ichimoku Cloud and the ascending trendline around 37K - 36.6K, where a significant buyer block is positioned.
Short-term preference leans towards a decrease, considering the less favorable dynamics at the week's opening. Mid-term outlook remains unchanged, awaiting the breakthrough of 38K.
Bitcoin dominance: 52.7%;
Fear and Greed Index: 66 (greed);
Altcoin season index: 45;
Market capitalization: $1.54 trillion.
$BTC
