🔥 $BTC and Altcoins - Analysis for Today. Bitcoin. Altcoins
➡️ BTC: level 112 500$ has been broken, the price has moved below into the support zone. AS I predicted in the reviews and posts above!
Now the price is working off the breakout of the uptrend, its retest, and the pattern that I showed earlier on the chart.
The support zone below is wide - 109 800$ – 104 500$ - the zone of greatest interest.
📈 Market and Key Levels
Support: 109 800 – 104 500$.
BTC is in the phase of working off the breakout and retest.
Locally, another correction is possible.
📊 Metric Data
🔹 Long positions have not been offloaded, remaining overbought.
🔹 BTC outflow from exchanges > inflow → is being bought back by large players, while weak hands sell.
🔹 Miner activity - insignificant.
🔹 Fear and Greed Index = fear.
3️⃣ Remember: the current movement is a shakeout of weak hands.
💰 Altcoins
May continue to correct alongside BTC.
Altseason is ahead, a reversal will happen.
Everything happening now is preparation for growth: a shakeout of margin traders and weak hands.
Mid-term setups remain relevant.
IMPORTANT: BTC is in the zone of interest, the market is being scared, but the scenario remains within the framework of preparation for growth. I expect a reversal in the medium term.
📩 Yours, VladCriptoBOS. I help create Profitable Crypto Portfolios!!