BTC update* 25-January 2025

*BTC UPDATE*

🟢 We got a bounce exact from Fibonacci *0.786 is on 101.2k*.

📍 Now the price is *104.6k*

📍 We have support on *101.2K* I am bullish until the support broken.

📍 iI the support is not broken, then we see *108k*.🔜

📊 *fear, and greed index*

Fear and grade index is *75* people are in greed it means they don’t want to sell and they are in *FOMO* be aware in this situation the market makers *manipulate* the market.

🟢*BTC Dominance*

The dominance is at *58.9%* it’s rising slowly it’s not good for Alts in this type of scenario, we have to take small trades.

🔴 *Total market cap of excluding top 10*

Currently, we are standing at *338.34 billion* and we have a support on *290.6 billion* if we touch the support again we will see a correction of 15% to 20% in Alts otherwise we will go up to test for *430 billion* and we see a pump.