Bitcoin Rises... and Liquidity Distributes!

Despite the recent rise of Bitcoin being supported by an increase in its market dominance – which has reached new levels – it is noteworthy that alternative currencies are also rising with it, reflecting the entry of real new liquidity into the market rather than mere internal rotation.

Technical analyses indicate that Bitcoin faces strong resistance near the $85,500 level, and significant support at $78,000.

Breaking through these levels could open the door to a new wave of increases, especially with the growing interest from institutional investors in the crypto market.

It is worth mentioning that recent economic data, such as the Consumer Price Index (CPI) and unemployment claims, are closely monitored by investors due to their direct impact on risk appetite in the markets.

The market is in a noticeable expansion... and indicators point to significant movements ahead.