🔥 $BTC and Altcoins - Analysis for Today. Bitcoin. Altcoins
➡️ #BTC: after Powell's (US Federal Reserve) speech about rate cuts and a shift to a dovish tone, the markets instantly reacted with a local increase. The movement was quick and sharp, something we haven't seen in a long time. There is a lot of positivity in the market.
📉 After breaking the pattern and the upward trend line, we are now seeing a bounce back to the local resistance zone (which I mentioned earlier). Technically, this is just a retest of the pattern level - but a quick decline is possible - levels in the previous post.
Yes, we are all waiting for a new impulse to the peaks - and it will come, as forecasted. But the dangerous period is still ongoing.
🎯 It looks a lot like 2020: before the alt season, there were also corrections in August and early September, before the global rise.
📈 Market and Key Levels
BTC is currently retesting the pattern level.
The rise we see is technically a bounce, not a reversal.
Dangerous times (local corrections) are still relevant.
📈 Plan for Growth
1️⃣ I am waiting for BTC to stabilize above the resistance zone after the retest.
2️⃣ I am preparing for local corrections - this is normal before growth.
3️⃣ Mid-term goals and setups remain unchanged.
📩 With you, VladCriptoBOS. Creating Profitable Portfolios!!