๐ BTC Analysis โ Altseason on the Horizon! ๐
๐ Bitcoinโs Price Action
BTC is steadily retracing back to its upward trend on the CME chart. Key levels to watch:
๐ธ 95K on CME (around 93K on other CEX charts) โ could be tested today or tomorrow.
๐ธ If confirmed, a rebound towards 100K is likely.
๐ Market Dynamics
Bitcoin is moving in a compressed range, indicating sideways momentum. Meanwhile, BTC dominance is falling rapidly, now hovering around 55%.
๐ฅ Altseason Incoming!
The combination of:
๐ป Sideways BTC price movement
๐ป Decreasing dominance
...signals the start of an altseason! ๐
Weโre already seeing explosive growth:
๐ฅ +50% gains here
๐ฅ +50% pumps there
...and this is just the beginning!
๐ก Key Takeaway
BTC isnโt the hottest trading option right now. Funds are flowing into old-timer altcoins, driving massive growth in the altcoin market. This is where the action is!
๐ Keep an eye on altcoins and stay ready to capitalize on the upcoming moves!
๐ฐ Altcoins > BTC (For Now)