🚨 Bitcoin & Altcoin Market Update 🚨
Just like I mentioned in previous weeks, Bitcoin has closed extremely bullish on the quarterly candle. And right now, the weekly candle is also looking very strong, with impressive volume confirming the move.
📉 Bitcoin dominance has been dropping significantly. If we close the week like this in the next few hours, altcoins could see a major bounce.
Another key thing I’m watching: USDT Dominance.
•It recently closed above 4.33% and then sharply dropped.
•If $USDT dominance falls to 3.85%, we could see a massive move in Bitcoin, potentially pushing it toward $125,000 in the coming weeks.
•However, if $USDT.D finds support and bounces, we could see a short-term retrace in BTC around $114,000.
📉 CME Futures Gap Alert:
Bitcoin has created a CME gap around $114,000, which usually fills within 3–4 days of the trading week. If $BTC comes down to retest this area, altcoins might drop hard — and I plan to build swing positions at that time, which I’ll be sharing in my premium group.
🔍 Weekly Chart Pattern:
Bitcoin has successfully broken out of a broadening wedge and retested the range around $96K–$98K. Based on Fibonacci levels, the next resistance lies between $119K and $122K, where we may see a temporary sell-off or consolidation.
🧾 For USDT dominance, I’m watching for a bearish retest — not bullish — which could give us another swing opportunity.
✅ I’m currently long on Ethereum, not in Bitcoin yet. But I’m watching several altcoins that are on the verge of breakout, and I’ll enter once the setups are confirmed.
📈 $TOTAL3 (Altcoin Market Cap):
Total3 looks extremely bullish, currently trading around $3.68T, approaching its all-time high of $3.73T.
We could also see a retest of $3.5T, which would be a solid entry point for swing longs in altcoins.
