#BTC after consolidation broke above $80K, but the momentum is weak — there's still potential for liquidity accumulation up to ~$82K and closing the CME gap. Locally, there's a risk of a correction from the diagonal support aiming for ~$70K.
The three-month accumulation provides fuel for movement in both directions, but liquidity is greater on the downside — the priority remains for a downtrend. Dominance #BTC is hitting new highs, altcoins are weak — interest is selective. As long as BTC.D is rising, it’s wise to keep an eye on top altcoins for the long haul.
The three-month accumulation provides fuel for movement in both directions, but liquidity is greater on the downside — the priority remains for a downtrend. Dominance #BTC is hitting new highs, altcoins are weak — interest is selective. As long as BTC.D is rising, it’s wise to keep an eye on top altcoins for the long haul.