Daily BTC Update

*Key Points*

1. *Upward Move*: Bitcoin showed a continuous upward move over the last few days, gaining about 8%.

2. *Daily Time Frame*:

1. *EMA Supports*: All major EMAs (7, 15, 25) are now acting as supports.

2. *MA25 Resistance*: The price needs to close above MA25 resistance at 98200.

3. *4-Hour Time Frame*: MA200 is a major resistance level at 98200.

4. *Support Area*: The area between 96000 and 93000 is acting as a good support.

5. *Altcoin Season*: The ALT/BTC ratio is improving, indicating a potential altcoin season soon.

6. *Bitcoin Dominance*: Bitcoin's dominance is dropping, resulting in a good upward movement for altcoins.

A small DROP to support is expected

*Trading Considerations*

1. *Breakout*: A close above MA25 resistance at 98200 could confirm a breakout.

2. *Support*: The area between 96000 and 93000 may provide a good buying opportunity.

3. *Altcoin Opportunity*: Improving ALT/BTC ratio and dropping Bitcoin dominance may indicate a good time to explore altcoin opportunities.

4. *Risk Management*: Manage risk by setting stop-losses and taking partial profits.