$BTC Bitcoin Stages a Technical Rebound While Dominance Starts to Cool Down

Post:

Bitcoin (BTC) just printed a strong bounce from $102,815 after a sharp drop from $104,319. On the 15-minute chart, we see early signs of a possible recovery as bullish volume builds up near support.

However, RSI is still below 40 and Stoch RSI remains in a weak zone—indicating that bulls are still cautious. Price is struggling around the mid-Bollinger Band ($103,700), which could act as short-term resistance.

Meanwhile, Bitcoin Dominance (BTCDOM) just rejected from 4.755 with Stoch RSI falling from overbought levels. This could signal a potential altcoin rotation if BTC remains stable.

Key Levels:

BTC Support: $102,800

BTC Resistance: $103,700 – $104,000

BTCDOM Resistance: 4.755

Watch for volume confirmation before entry.

Outlook: This move looks like a short-term technical bounce, not yet a full trend reversal. If BTC can reclaim $104,000 with strong volume and BTCDOM continues to drop, altcoins may begin to gain momentum.

Stay sharp and manage risk—volatility is still high.