Bitcoin had a nice close yesterday as well, closing with a magnificent candle above the descending channel and trendline resistance. Our current target will be the Fibo resistance level around 96500K. The downward retest level for BTC is currently 90500K, and as long as it doesn't close below that level on a 4-hour basis, there shouldn't be any issues. If it breaks and maintains above 96500K, our target will be to break the previous all-time high. Bitcoin dominance is currently hovering around 64.40. Dominance is likely to rise to the 70 level as we approach the ATH level, and if it can reach ATH, it may quickly drain the money within, dropping to around 50-55, which would lead to a serious influx of capital into the altcoin market and a rally, meaning a bull market could begin. #Bitcoin #Btcdominans