BLOOD SHEED🩸🩸🩸

As I wrote in the previous post, we need to pay attention to the dominance of Bitcoin BTC.D, which yesterday reached the resistance of 57% on the daily timeframe at the time of the outbreak of the conflict in the Middle East. And Bitcoin fell at the moment by 5000$ down and altcoins continued to decline by another 15-20% after falling on Friday.

This was very painful, especially for futures traders who did not follow risk management. Yesterday I bought altcoins on the drain with the remaining funds.

I expect Bitcoin's dominance to return to the 54.9-55% level in the coming days.

I think we need to wait until Monday and we will see a slight rise in BTC to the level of 68k and altcoins will win back part of the fall. And then we will need to monitor the situation in the world. If new military conflicts do not escalate, then by the time of the halving on April 19, we will see market growth and a gradual recovery within a week or two.

Many altcoins fell to their weekly lows yesterday. Especially the ATOM coin, which reached $7.2.

Many are now shouting about the reduction of BTC to 51-52k. I admit a decline in this area of ​​interest, but not in the near future. But after halving we will see ATH on BTC. After the halving we may see a deeper correction.