Market movement probability:
1. Growth: 60%
o Supported by the current breakout of the upper border of the bullish flag and the price being above the Ichimoku cloud, which indicates a possible continuation of the uptrend.
o Bitcoin's RSI value (24-hour high of 68.94) also shows potential buyer strength, but it should be noted that the value is already close to the overbought zone.
o The Fear and Greed Index at 73 (Greed) indicates increased buying interest, which could support growth.
2. Consolidation: 25%
o If the market encounters resistance at 2.42 trillion, consolidation in the range of 2.291-2.42 trillion is possible. This may happen if the buyers' strength is exhausted after the breakout of the bull flag.
o Altcoin index at 14 indicates weak interest in altcoins, which may create conditions for sideways movement in the market.
3. Correction: 15%
o In the event of strong capital outflows and a weakening of bullish sentiment, a pullback to levels of 2.291 trillion and below, to support at 2.139 trillion, is possible.
o Bitcoin RSI on lower timeframes (e.g. hourly - 55.56) indicates possible short-term corrections.
Conclusion:
The market as a whole is bullish, but consolidation or a short-term correction cannot be ruled out if buying activity weakens.
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