#BTC走势分析

𝐌𝐲 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞 𝐎𝐧 𝐂𝐫𝐲𝐩𝐭𝐨🏆

Chart 1: BTC closed as a bull hammer with a massive wick to the downside which shows a lot of buying pressure and a very strong bounce at 79k support.

The volume on the OBV is not confirming the move up and the RSI is starting to look to come up and recover.

BTC has now changed the market structure and we are now in a downtrend as I said yesterday the only bullish scenario was this is just a retracement for the next leg up but we must now bounce at 79K which is where we are or 73K.

Chart 2: USDT Dominance has closed as a bear hammer with a massive wick to the upside rejecting off resistance and showing heaps of selling pressure.

The volume on the OBV is forming a double top and the RSI is extremely overbought and starting to come down.

Chart 3: OTHERS.D has closed as a Doji again and now we are either going to finally break the downtrend or reject here & go back down to support.

The OBV is still showing a lot of strength with bullish divergence and the RSI is also showing bullish divergence and looking really strong.

But remember for us to be bullish on Alts we must break the 9.18% resistance break through the downtrend line, create an HL and then HH backed by volume until then don’t touch Alts unless you’re happy taking the risk before confirmation.

Chart 4: BTC.D which is BTC dominant keeps falling and formed that double top and we are looking very weak here so let’s see if we break that uptrend.

The OBV is showing massive selling pressure and the RSI is looking very bearish as well with a lot of bearish divergence.

Like I have said multiple times I wouldn’t recommend buying any alts until BTC.D breaks the uptrend line

Yesterday we came down and started to fill the CME GAP but maybe the reason we didn’t completely fill it in one go was because they expected people to know

Remember weekends are very easily manipulated due to lower volume so be careful.

So let’s stay patient, remove our emotions and just analyse what we see