Delighted to be wrong in my bias from yesterday and to see that BTC came up and took the 39.3k zone which was my invalidation level for short-term downside.
Price Action has been great for scalping today.
Bitcoin Dominance still sending and going to test 50 very soon as ETH dominance is coming down.
This is 100% Bitcoin season right now as alts are not reacting as strong to the "King" except for AXS which is following BTC closely *hint hint if BTC dumps*
The DXY is still crabbing to downside giving signs of some crypto market relief so fingers crossed for downward continuation
The 41.3k region which was the June and Range high for Bitcoin still needs to be broken.
We either need to take the June high and those short stops by the end of the month or we will probably lose levels and move towards the massive CME gap.
35k is still the level that must hold and is the centerline for this sheisty range.
Remember - Always Take Profits
Price Action has been great for scalping today.
Bitcoin Dominance still sending and going to test 50 very soon as ETH dominance is coming down.
This is 100% Bitcoin season right now as alts are not reacting as strong to the "King" except for AXS which is following BTC closely *hint hint if BTC dumps*
The DXY is still crabbing to downside giving signs of some crypto market relief so fingers crossed for downward continuation
The 41.3k region which was the June and Range high for Bitcoin still needs to be broken.
We either need to take the June high and those short stops by the end of the month or we will probably lose levels and move towards the massive CME gap.
35k is still the level that must hold and is the centerline for this sheisty range.
Remember - Always Take Profits
✔️ - Trendmaster and MDX Algo Access - MDXAlgo.com
✔️ - NordVPN for those who are IP Restricted - bit.ly/NordVPNTM
✔️ - NordVPN for those who are IP Restricted - bit.ly/NordVPNTM
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✔️ - Trendmaster and MDX Algo Access - MDXAlgo.com
✔️ - NordVPN for those who are IP Restricted - bit.ly/NordVPNTM
✔️ - NordVPN for those who are IP Restricted - bit.ly/NordVPNTM
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.