Hello friends. In my article a few days ago, I wrote about my expectation of a dominance formation on the#bitcoinside. I thought BTC dominance would get support and move towards the OBO formation, but it did not react from the appropriate places. I had an expectation of 38K on BTC when the dominance got support from 52.12 levels and hit the upside, but this expectation does not last anymore. I think that if the dominance closes daily here and gets approval, the target of BTC.D parity is the red line.
I protected my safe from the drop of 41500 by switching to cash at the appropriate place. With BTC.D closing daily here, I will now be in the game with all my cash.
I think that the great correction period has been postponed and we have now moved to a different structure. It seems like BTC will rise to around 51-52K, then we will rally ATC until the halving period, and then we will travel downwards to take the lid at 31.8K. As I said, after the daily closing confirmation under the channel, I will add the cash I have to the game again. What I wrote does not contain investment advice, the BTC.D formation I follow currently is as follows. I wish everyone good luck.#BTCETF#btc #bitcoinanalysis