#BTCBreaksATH110K $BTC
Update BTCUSDT. BTCUSDT has currently increased by approximately 48% from the LL. It has formed a new all-time high (ATH). In the green box area, there might be a slight rotation of funds into altcoins. This is also supported by the daily BTCDOM chart, which is showing a rejection in forming a higher low (HL). Fund rotation is very significant for altcoins, as BTCUSDT’s rally so far has been mostly independent, while its declines tend to drag altcoins down even further. Many altcoins have yet to take part in this current bull market.
Do your own research. This is not financial advice or an invitation to buy or sell crypto assets.