Bitcoin remains bullish, we expect opportunities to accumulate, but there won't be many.
In the most recent analysis of the cryptocurrency market, the strong upward trend of $BTC stands out, considering it as the main direction to follow and warning about the risks of operating against this trend. Over the weekend, Bitcoin saw fresh momentum, reaching a current price of 4,814, with a high recorded at 4,859.
Despite the expectation of a calmer market over the weekend, Bitcoin's rise continues, which is considered atypical. It is expected that, with the opening of the futures markets, the price will approach Friday's closing levels, around 47100 or 47150, to avoid leaving gaps in the market.
Trading volume has decreased, as is usual during the weekends, which could facilitate some price manipulation. The importance of monitoring critical levels and taking advantage of pullback opportunities to accumulate Bitcoin is emphasized as the market shows a clear long-term bullish trend.
Regarding altcoins, a general recovery is observed, highlighting the positive performance of some such as Inch, while others show stability or slight falls. The importance of monitoring the technical behavior of specific altcoins, such as Avax and Sol, which could be highlighted in future bullish movements, is mentioned.
In summary, the analysis suggests caution when trading in the short term, but highlights the strength of Bitcoin's bullish trend. It is advisable to be attentive to possible retracement opportunities to accumulate in times of correction, remembering that the market is currently in a positive phase and trading against the trend could be risky.
Crypto Tank.
