🔥 $BTC and Alts - Analysis for today. Bitcoin. Altcoins
➡️ BTC: level 112 000$ is currently key locally.
Loss of the level = continuation of correction to 108 350$ and the support zone (see the chart in the post below).
After breaking the upward trend, the market made a retest and went into correction.
📈 Market and key levels
Key support: $112,500.
Below: 108 350$ and support zone.
Technically, BTC remains in the correction phase.
📊 Metric data
BTC inflow to exchanges > outflow of 6,000 BTC (+32%).
Large wallets are selling.
Miners are selling slightly.
📈 Growth plan
1️⃣ Keep an eye on the level of $112,500.
2️⃣ If the level holds, a local bounce is possible.
3️⃣ Mid-term, I expect a reversal of BTC and a new historical peak.
⚠️ Caution plan
1️⃣ If we lose 112 500$ , we wait for movement into the zone of 108 350$ and below.
2️⃣ Work from the levels, without unnecessary risk.
3️⃣ Use local movements only for accumulation.
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