Market Update -

Bitcoin has not yet hit the magic $100k figure but we are seeing consolidation above $98k. We are seeing a very tight trading range- every 4 hour candle over the past day has closed between $98.5k and $99.2k. This has led to a drop in BTC dominance and overnight altcoins have started to lead the way.

It is tricky to operate around these levels, with BTC at major resistance, but keep an eye on the 58% area of BRC dominance- This is major support. A bounce from here and alts will retrace, or break below this level and alts will continue to out-perform.