🪙#BTC
The dynamics of the weekend don't look the best:
⚫️ On one hand, CME closed for the weekend at around 42.4K, and Bitcoin is moving within a local range. It is expected to open the new week at approximately these levels.
⚫️ On the other hand, buyers are not very strong and cannot fully bounce upward from the trendline and the MA100.
❗️ The situation on the chart is not entirely clear; the price continues to move between the MA50 and MA100. However, staying in this range won't last long, and by tomorrow, there will be no room for movement. Buyers and sellers will have to make a decision.
Therefore, we are watching for a breakout and working from there. At the moment, I am more inclined towards an upward movement, but I acknowledge all the risks!
#bitcoindominance : 53.04%;
#fearandgreedindex : 73 (Greed);
#AltCoinSeason : 55;
#MarketCap : $1.54 trillion.