VIP MARKET UPDATE: DOMINANCE OF $BTC

BTC.D has fallen sharply after breaking and testing the ascending wedge again. The 200 EMA clearly indicates a bearish trend. It bounced off the horizontal support for a short-term correction and is now being tested again below the S/R level. A successful new test would confirm the continuation of the bearish movement, signaling a potential rally in altcoins.

$BTC

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