Market Update - 👀
Bitcoin has broken from the 4hr downtrend that we were looking at yesterday. As mentioned, this could be the start of a move towards $119.7k (Prev Week High) where I would expect some resistance on the 4hr timeframe. My first area for a retest would be towards the trendline breakout in the $117k area.
Exactly as mentioned yesterday, the move up on Bitcoin has seen a rise in BTC dominance, which is why we are seeing altcoins retracing and moving in the opposite direction to Bitcoin.
#CryptoDawar #ETH4500Next? #BinanceAlphaAlert #Write2Earn #BTC