⚓️ #Bitcoin made its weekly close around 107K$ , and in the new week, it pulled back to the levels of 102K$ .

This correction occurred with volume and tested short-term support areas.

✍️ In the chart:

20-Day EMA: around 100.800$ , could act as support.

RSI: horizontal around the 50 level, direction indecision continues.

Dominance is on the rise, which could increase pressure on altcoins.

✍️ Outlook:

As long as there are no closes below 100K$ , the major trend remains intact.

However, with the increase in dominance, the altcoin rally may slow down.

This is not investment advice. These are notes from my own technical strategy.

#Cryptocurrency #BitcoinDominance #Altcoin #TechnicalAnalysis

#BTC #Crypto