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#Marketupdate Bitcoin is approaching its all-time high, with a daily close above $69.2k for the first time since June. Resistance is currently at $71.6k, a significant level throughout the year. A daily close above this mark could signal a new ATH in the near future. Today, if there’s a pullback, watch for support around the $70k area. Additionally, Bitcoin dominance is rising, indicating that altcoins are underperforming. Be cautious, as any correction in Bitcoin could disproportionately impact altcoins.
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Every night, we go to sleep without a guarantee of living tomorrow, yet we still set an alarm to wake up. That is hope. #HOPE is best of thing.
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#Marketupdates #BTC☀ is starting the week on a positive note, breaking above the orange trendline. The recent 4-hour candle has successfully retested the $68.2k level, showing a promising reaction. The $69.2k mark, which corresponds to both the DM VAH and the 2021 ATH, is likely to act as significant resistance. It wouldn’t be surprising to see another test of this level soon. After a strong performance last week, there’s no rush to make moves today, but it’s crucial to monitor whether the breakout holds throughout the day. #ThankYou
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