📉 Bitcoin Acquisition Analysis BTC Dominance

My perspective still leans towards a bearish trend on the daily timeframe, as we observe that the decline is ongoing, and any rise in the short periods is considered so far just a correction within a downward path.

🔸 We may witness a temporary bounce from the support level of 63.76%, but if this level does not hold, we might see a continued retreat to deeper areas.

🔸 The resistance zone between 64.86% and 64.56% is considered an important barrier, and staying below it keeps the negative outlook intact. However, if it is breached and closed above, we might see an attempt to rise.

🔺 A strong rise above 65.15% with a daily close could change the equation entirely and open the door to higher levels, but this scenario remains unlikely to occur under current conditions unless surprises or major events arise.

⚠️ The market is going through a phase of volatility and manipulation, and any news could turn the equations upside down, so it is always preferable to act with caution.

🔍 This is just a technical analysis based on current data, and it may be right or wrong. The final decision remains in the hands of the trader, with adherence to capital management.