📈 Market Overview
BTC: $72,355
ETH: $2,640
Fear/Greed Index: 77 (greed)
BTC.D (Bitcoin dominance): 60.19%
😮 After Bitcoin's price failed to reach its historical maximum, the market entered a sideways phase. This is a common occurrence, and it is a fairly good signal for us. It is clear that so far sellers are not in a hurry to part with the first cryptocurrency, and a quick update of the ATH is more likely than not.
❗️ But if I were you, I wouldn't rush to long right now. Very often, after a consolidation phase, the market briefly goes down to shake out the weak hands. Only then does it start to rise.
What I expect — a drop to the 66K area, and only then growth above the ATH.
What do you expect?
🔥 — growth from the current levels
👍 — growth through the 71K area
🤔 — drop below 70K