BTC Analysis 07/21/2025
It has been a few days since I posted about #BTC , as I mentioned before, my attention on it would be until $112K and from there I would shift to Altcoins, since that was also the path of the money, and it was demonstrated that I was right, as altcoins have been performing remarkably well.
There have been many requests on my other network about BTC, and of course, Bitcoin should always be addressed, so let's go...
We are well above $112K which is our key price, from there we are in price discovery and that's why various charts are posted for any direction, but most are completely illogical.
Although the important region is still $112K for both sides, the Bulls must maintain the advantage and for that, we need to keep prices above $115.7K here. Of course, a lower dip is not the end of the world, but it could scare small investors who came in at high prices.
BTC Dominance is crucial at this moment and will be even more so if the Bulls show any weakness here, focus on it.
I have no concern about the price as long as it stays above $112K and its Dominance remains below 61.39%. You should do the same.
In recent days, I saw a fight over "Is the funding chart indicating the top or not?" I mentioned this in my last analysis: I am not going to waste time defending one indicator or another about the top... most do it to appear smarter than they truly are, I definitely don't need that. IN MY opinion, the BTC Top is not in, but that doesn't mean we don't need a pullback (to then continue rising), because we do need it, however, this can happen at any moment, not necessarily today or tomorrow with Powell.
So, I think people should stop focusing on the BTC price and observe the rotation happening to altcoins before it's too late. Alright, are you a BTC MAXI? Then why are you worried about the price? Relax and wait! 💛🚀
