BTC Price Targets $44K & $15K - ETHBTC & BTC.D
In this video, we dive deep into the current bearish market structure
Focusing also on ETH/BTC and Bitcoin Dominance (BTC.D). Understanding these key indicators is crucial for gauging the broader market trend and positioning yourself for potential moves ahead.
We’ll start by breaking down ETH/BTC, analyzing the weakness in Ethereum’s price action relative to Bitcoin, and what this could mean for altcoins in general. Next, we’ll examine the Bitcoin Dominance (BTC.D) chart, which is showing a shift in capital allocation within the crypto space. This movement could signal Bitcoin's growing dominance as altcoins lag behind.
Lastly, we discuss two critical Bitcoin price targets: the near-term resistance at $44,000, and the potential downside scenario to $15,000. These levels could define the next big moves for Bitcoin and the overall market direction.
Make sure to watch until the end to get a complete picture of the market’s current state and how to navigate it!
🔔 Don't forget to like, subscribe.
Focusing also on ETH/BTC and Bitcoin Dominance (BTC.D). Understanding these key indicators is crucial for gauging the broader market trend and positioning yourself for potential moves ahead.
We’ll start by breaking down ETH/BTC, analyzing the weakness in Ethereum’s price action relative to Bitcoin, and what this could mean for altcoins in general. Next, we’ll examine the Bitcoin Dominance (BTC.D) chart, which is showing a shift in capital allocation within the crypto space. This movement could signal Bitcoin's growing dominance as altcoins lag behind.
Lastly, we discuss two critical Bitcoin price targets: the near-term resistance at $44,000, and the potential downside scenario to $15,000. These levels could define the next big moves for Bitcoin and the overall market direction.
Make sure to watch until the end to get a complete picture of the market’s current state and how to navigate it!
🔔 Don't forget to like, subscribe.
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