#Btc bounced back from 60k.... Still hasn't broken it's resistance. Btc dominance has started falling after creating an ATH. If dominance keeps falling which I expect it too, then we can see huge pumps in Altcoins . For that to happen BTC needs to remain above resistance . keep an eye on new coins Like saga, wup, wif, tnsr, tao, ena. Don't use leverage trading for now.
people crying over the fact that btc dumped . in my opinion it's just taking correct and doing sideways movement . it has dropped 5-8% few weeks earlier too. what makes it so fascinating is that, Altcoins bled hard. we can see 20-40% dump in the Altcoins which hasn't happened for many months. Btc is still in range. I still believe that btc will be doing a sideways movement like in the graph. Btc dominance has risen a lot which is surprising to me and feels manipulated and reason for Altcoins dump.
apparantly this is the reason why altcoins dumped super hard . us is increasing the interest rates and it lead to btc dump. Although btc has still not broken through the trend line and the resistance . im still bullish on btc unless it breaks the trend line . it's really good time to buy the Altcoins in spot.
In my opinion Btc will be doing a sideways movement for a long time. maybe months before going up. it's very unlikely to dump below 60k at this moment. btc dominance, is all time high. if btc holds at this point , we can see huge pump in alt coins. generally Markets are closed on Saturdays and Sundays. these days btc shows very less movements and more movements in alt coins
#people macd is showing a bullish divergence on 1day candle .... im expecting a pump once this zone breaks but till now no dominant move has been seen. patience is the key ..
personal Opinion - Sec might delay the etf approval, and when the market dumps hard.... they will suddenly announce the Etf acceptance .... i hope I'm wrong... Can't trust these manipulators.... don't use stoplosses because they're aren't going to protect you, if market dumps.. be careful.... in few hours SEC is going to release the news....