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After printing a strong daily bullish candle, Bitcoin is currently seeing a pullback, retracing part of yesterday’s move. This type of correction is quite normal and often helps confirm the uptrend by retesting key support levels.
✅ A successful confirmation of 113,200 as support could open the door for a move toward the 117,000 level.
🔑 Meanwhile, Bitcoin dominance remains around 58.79%. As noted before, the potential for further altcoin rallies is closely tied to this index. A decline in dominance from here is exactly what I am anticipating — which would provide stronger conditions for altcoin growth. #BinanceHODLerXPL #MarketPullback #AltcoinStrategicReserves
Bitcoin is still moving between the $110,500 and $120,000 range, and once this zone is broken, the next move toward $132,000 will begin.
Both market drops and rallies are opportunities to buy strong coins and make great trades.
So, welcome such opportunities with open arms.
I’m not at all bothered when some people say it will drop while I say it will rise, or vice versa. These different opinions are exactly what make the market beautiful and create trading opportunities.
Today the market looks interesting, and we also have a positive divergence. I’ll be back soon with a complete analysis. #BinanceHODLerXPL #BNBATH900 #BTC