Bitcoin is consolidating below a key Fibonacci level, with minimal price changes in the short term. Key points:
- Uptrend continues with higher highs and lows
- Bitcoin dominance: 54%-64% range, potentially signaling an altcoin rally
- Altcoins show positive performance, hinting at a potential "Altcoin Saturday"
- Market sentiment: Increased risk appetite, with USDT dominance declining
Short-term scenarios:
- Consolidation continues between $91,960 and trend line
- Upside targets: $95,000 and $97,300
- Downside risks: Break below $85,000 could trigger correction
Long-term outlook: Expecting a major top and correction in Q1.