$BTC
- *Previous Predictions:* The analyst shared a short opportunity at $85K-$86K with a stop loss at $89,200 on April 13. When the stop loss was triggered, it confirmed a mega bull run, especially for altcoins.
- *Current Situation:* Bitcoin's current price is around $92,800, with highs of $94,142.5 (futures) and $93,900 (spot).
- *Expectations:* A healthy pullback to $86K-$84.5K is expected, which could be a good entry point before another surge.
- *BTC Dominance:* Currently at 64.27%, with major resistance at 66.30%-66.50%. Altcoins will likely see significant growth after BTC dominance tops out.
- *Trading Opportunities:* A potential short setup between $93K-$95K with a tight stop loss at $96K, but this is high-risk. Alternatively, waiting for the pullback zone might be safer.
- *Technical Analysis:* Bitcoin is entering an overbought zone on the 4H and 1H charts, suggesting a small correction is likely, which could provide fresh entry points.
Note: DYOR