Bitcoin spent the weekend as part of the priority option that was discussed on Saturday.
At the same time, the price has not fallen below 63,500 for almost a day.
A resistance area has formed in the area 64500-64500, which must be overcome within 8-12 hours for further growth.
Market capitalization 2.31 trillion, Bitcoin dominance index 54.73%
Ethereum has fixed above 3100, the nearest resistance area is 3300-3500.
Growth leaders over the past 24 hours - WLD, HBAR, ENA
The external background is favorable: US bond yields are falling, Asian indices are rising, S&P 500 futures and the dollar index are stable. Market participants appreciated the information that the Fed is again moving to money generation, this is the main reason for the return of positivity to the stock market.
No important economic news is expected this week. We can highlight standard data on the US labor market on Thursday and inflation expectations on Friday. But we remember that geopolitics can always bring something unexpected to the markets.
At the end of last week, the outflow of funds from IBIT gave way to an inflow. If such a positive trend continues today, Bitcoin has every chance of consolidating above 65K.
On the negative side, a lawsuit has been filed against Coinbase alleging that ALGO, MANA, MATIC, NEAR, UNI, SOL, XLM and XTZ are securities.
That is, some cervus vulgāris bought these alts at the maximums, they added up several times, and now the lawyers have also bred these same deers).
That's how it should be. People who sue the stock exchange when their assets fall will always have to pay and suffer.
However, filing lawsuits against major players in the crypto market with subsequent pre-trial settlement is the business of some law firms in the United States. In this case, the terpils are fake).
The market is already accustomed to this and does not react in any way to such “negativity”.
The priority option for today is Bitcoin in a range with a lower limit at 59000-58600 and an upper limit at 64500-65000
Alternative - consolidation above 65000
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