I prepared a detailed market assessment for those who could not join the broadcast yesterday. If it was useful, you can like and retweet after reading 🙏
1⃣ Bitcoin
Staying above 100K is important in the short term for $BTC. So far, the outlook has been strong, but it has been consolidating for a few days. I believe that in case of a possible pullback, 100K will hold and then it will move towards 110K.
2⃣ Ethereum
After the sharp rise of $ETH, it continues to hold above 2500$ . For me, the main support is the levels of 2400$ that it tested last week. I think this area will hold in possible corrections, and afterwards, we will see a pricing above 3000$ for ETH.
3⃣ BTC.D
Bitcoin dominance remains positive as long as it does not enter the broken descending trend. I expect the downward trend to continue. The %65 level was a peak for me, and we started to decline from there. I think it will drop below %60 during June and I expect it to touch the %48 target by the end of the year; that’s where I will seriously take profits.
4⃣ OTHERS.D
In the short term, I think Others.D will continue its rise with its established bottom structure. It increased by nearly %50 in just a few days from the end of November to the beginning of December, and the conditions are maturing for such a movement. My expectation for altcoins for the remaining half of the year is positive.