$BTC Analysis 11/30/2024

#BTC, incredibly good... even though we didn't get past $98K, we still had a great MONTHLY close, and the price is being supported here by the 50 EMA (4H) which seems good to me, since it has been fundamental in recent times.

The monthly close was just now and these first hours after that are essential to establish whether we will need to pull back a little and then go up or if we do it from here. I would have preferred if we had reached this level during Monday, but that's okay!

I personally think that we should continue from here without any more (considerable) pullback, but if that happens, don't worry, it will be normal and the BULLS at $92K should help us with that, stick to the plan.

The weekly close is really important now, and closing above $98,400 has become even more essential, so the ball is in the BULLS' court here. Close above that and we'll hit $105K during the new week, otherwise $92K is more likely.

Again I say, I'm not so worried about the price of Bitcoin, I'm much more interested in its Dominance, see that today we had it falling all the time and the Altcoins rising, because the Dominance was falling with it, and that's what we need for the Altcoins to overcome it, so keep an eye on its Dominance.

I've been saying for a while now that we need to cool down here for the Altcoins to rise, and that's what we're getting, so relax boys and enjoy the profits in the ALTS.

Since it's the weekend, no data is certain and the price is almost never real, so let's just watch.

I expect us to have some sideways action here tomorrow and continue to give the Altcoins room to rise, and then we'll have volatility back in the game in the new week, be prepared.

Enjoy the weekend, next week will be busy.

* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.