Bitcoin daily 07/10/2021
Updated
Bitcoin
Bitcoin closed daily above 52 700USD.
Now we have new support level on this level - 53-52k.
Probably price will stay in the area between 52-59k for few days.
Bitcoin dominance - still growing. When stops grow, then is good time to entry to alts, bcs they will follow BTC.
Bitcoin closed daily above 52 700USD.
Now we have new support level on this level - 53-52k.
Probably price will stay in the area between 52-59k for few days.
Bitcoin dominance - still growing. When stops grow, then is good time to entry to alts, bcs they will follow BTC.
Note
Bitcoin on 1H chartbitcoin is in the correction after nice leg up. It is important to break bearish resistance trendline and then bitcoin could continue.
Bitcoin dominance is going a little bit down, so it's time to get some profit on alts.
Note
Bitcoin update - currently trading on 57 300USDDue of growing bitcoin dominance alts go down.
For recovery alts it's important sideways range on btc.
Bcs of bitcoin dominance grow, are alts very sensitive.
Note
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