#BTCUSDT #review

After updating the local high on Friday at the level of 97895, BTC spent the weekend declining.

Market capitalization is 2.95 trillion, dominance index is 64.60%.

Fear and greed index - 52 (Neutral sentiment).

I wouldn't say that BTC looks confident for continuing to grow and testing the psychological mark of 100,000 — the growth has slowed down. Holding above 97895 will confirm the market's readiness to move further up.

If the price drops below 92910, it will mark a shift in structure to a downward trend on higher time frames. In that case, the market may enter a full correction down to levels below 86204, which, frankly, I would not like…

It is also worth noting that since last week there remains an unclosed gap on the CME chart in the range of 96465 – 96887. I do not rule out a reaction upon its closure.