📈 Market Overview

$BTC BTC: $72,455

$ETH ETH: $2,685

Fear/Greed Index: 77 (greed)

BTC.D (Bitcoin dominance): 59.94%

😮 Joy in the market continues, and we are almost at ATH for Bitcoin. Next, we are waiting for a breakout of this resistance level and a rise to 80K. Of course, we cannot know where the price will meet the next major selling volumes after ATH. But in any case, a small correction would not hurt if we want to see the start of alt season.

❗️Ideally, for alt growth, the following conditions need to be met: Bitcoin rising above ATH, funds flowing into altcoins (which will lead to a drop in Bitcoin, a decrease in dominance, and an increase in the market capitalization of alternative coins), as well as the absence of negative news regarding the regulation of altcoins.

By the way, there are questions about the latter. It will be very interesting to see how the Republicans behave in the event of an election victory. They express positive views regarding Bitcoin, but does this apply to other coins?

What do you think?

🔥 — Republicans will push all crypto

👍 — Republicans will promote Bitcoin, but not other coins

🤔 — Republicans will follow the same policy as Democrats do now