The current price is testing the 4-hour MA50, acting as local support but with limited reliance. Anticipating a bounce from the Ichimoku Cloud and the ascending trendline around 37K - 36.6K, where a significant buyer block is positioned.
Short-term preference leans towards a decrease, considering the less favorable dynamics at the week's opening. Mid-term outlook remains unchanged, awaiting the breakthrough of 38K.
Bitcoin dominance: 52.7%; Fear and Greed Index: 66 (greed); Altcoin season index: 45; Market capitalization: $1.54 trillion.
The coin on the daily timeframe shows very good dynamics. The trending support slope has already been broken.
In the coming days I expect to see a small correction to the area of 0.000552 - 0.000584$ (according to Fibonacci) with a possible retest of the aforementioned slope.
I will enter the deal by limits. Tentative targets marked on the chart for you ✅