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Bitcoin is rising... and liquidity is distributing!

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

Technical analyses indicate that Bitcoin is facing 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 of institutional investors in the crypto market.

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

The market is in a noticeable expansion... and indicators suggest significant movements are coming.

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