Bitcoin Analysis 18.05📊
The weekend is relatively quiet, with Bitcoin moving in the range of 103-104 thousand, which are the same prices it had at the market close on Friday.
Dominance is also not witnessing any active movements, remaining stable like the rest of the market.
❗️ It is important to understand that if Bitcoin starts the new week with a strong upward movement and breaks through resistance levels, and its dominance begins to decrease actively, then after this local increase, we will see active growth in the entire market.
⚠️ At the same time, there is also a scenario for a potential drop towards the 100 thousand area. But here, the question is not whether the price will rise or fall, but the question is confirmation and the balance of power – Bitcoin is currently moving sideways. The next movement will depend on the direction of the breakout.
