$BTC Bitcoin ($BTC) remains the backbone of the crypto world, and its price action often dictates the overall market sentiment. Yesterday, I noticed that BTC was forming a bullish flag pattern on the daily chart after a strong move upward. I decided to take a long position when the price reached $68,500, placing my stop-loss at $66,800. I used Fibonacci levels to project my potential target at $71,000. The trade setup was based on price action and volume confirmation. It’s incredible how BTC's behavior affects altcoins. Even a minor pump or dump in BTC can cause a chain reaction in other pairs. I believe that understanding BTC's dominance and its market structure is crucial for any trader, whether they trade BTC directly or not. This trade worked out as expected and reminded me why BTC is the king—its predictability and liquidity make it the best asset to trade.