We still had a good closing at #BTC , despite Powell being a hindrance here, things are still looking good.

BTC Analysis 07/28/2025

It is impressive how most people panic over the price of #BTC with every insignificant movement...Countless comments on Square about: THE BTC PRICE DOESN'T RISE...hey, we went from $16K to $120K, so if you think we will rise without any consolidation, then you clearly don't understand how the price works and haven't even taken the time to observe how we got here.

I mentioned in several posts at the beginning of the month that as soon as we went above $112K, most would be lost, since the easy mode would be turned off, and to be honest, it is still easy to see the movements, yet most seem to always be looking in the wrong direction, including "analysts".

We had a good close yesterday and hit $120K as expected for the weekend, we are experiencing a very normal pullback today, we should see some improvement soon since the indicators are cooling down nicely and preparing for the next stage.

It is still quite interesting to look at #BTC on the 4H chart, the EMAs are still working perfectly, and the 100D still looks very strong, ready to support the price above $117K.

Again: Attention should be on its dominance, today we need to see a rejection of this jump towards 61.39%, do that and we will definitely break 60.37% before Friday.

This week belongs to Powell, he is the life of the party, so try not to worry more than you should, the prices of both Bitcoin and Altcoins are very good, so relax. Wednesday is the day we want to observe more closely.

The same thought still applies:
In my opinion, this is just a consolidation for a new upward movement, so stay tuned for the opportunities the market offers you.

Good Luck!