BTC - GLOBAL (29.02.24)
Updated
Wow! The movement is moving almost in a day. No one could have expected that Bitcoin would travel such a long way in a day.
What is it now?
Let's figure it out briefly.
At the moment, there are 2 ways:
1) Red, the correction of the entire market, and so big that no events in the market will be able to raise BTC and this will be done so that people want to gain in the 12,000 zone again. It is a very real picture from the point of view of earnings for large capital, since it is already becoming expensive to drag BTC up, and at the point 62,000 all believe in growth and it is logical to plant everyone, then just sell all your BTC on the market.
2) The monthly candle is closing today and the weekly candle is coming soon. On all large TF, there will be a shift relative to candles. A good signal in the long term, so after cooling down, BTC can continue the uptrend.
We are waiting for the denouement.
In any case, the altseason will be very soon, so do not throw off your altcoins, if so much money has been spent by large capital to pump BTC, then they will not ignore altcoins either.
What is it now?
Let's figure it out briefly.
At the moment, there are 2 ways:
1) Red, the correction of the entire market, and so big that no events in the market will be able to raise BTC and this will be done so that people want to gain in the 12,000 zone again. It is a very real picture from the point of view of earnings for large capital, since it is already becoming expensive to drag BTC up, and at the point 62,000 all believe in growth and it is logical to plant everyone, then just sell all your BTC on the market.
2) The monthly candle is closing today and the weekly candle is coming soon. On all large TF, there will be a shift relative to candles. A good signal in the long term, so after cooling down, BTC can continue the uptrend.
We are waiting for the denouement.
In any case, the altseason will be very soon, so do not throw off your altcoins, if so much money has been spent by large capital to pump BTC, then they will not ignore altcoins either.
Note
1M BTC:ALTCOINS DOMINATION:
BTC DOMINATION (GOAL 57% - 60%):
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