$BTC dominance fell below 60%, milestone 1 achieved. next mi | DeGen5 on Binance Square

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$BTC dominance fell below 60%, milestone 1 achieved. next milestone when it is <57% you will see alts moving big here and there. #BTCDOM 

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BTC

114,146.17

+0.70%

BTCDOMUSDT

Perp

4,010.5

-2.70%

286

0

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$BTC some candles are only printed to 1) scare the traders resulting in panic selling. 2) trigger stop losses at key levels. #MarketPullback #BTC #TradingCommunity

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$BTC Testing nerves😅 to separate pro traders from the naive. #btc

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$BTC This substantial selloff might continue till or beyond 110k psychological support. #BTCSelloff

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Looking into the current market conditions after PPI triggered sell off, the long term trend has not changed but to keep going it does need one thing- A catalyst, it may be in the form of a positive news like an end to the war or economic/financial numbers. Those who sold in panic might be punished badly. #Market_Update #MarketSentiments #tradingpsychology

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$DOT is bearish and it's not only #DOT some other alts are also forming the same H&S pattern, if manifested we might see a decrease in price equal to the measured move. Notes: 1) it's the first day of the week. 2) it's the first day of the week after unexpectedly high PPI. 3) don't panic and manage risk appropriately. 4) we might see a bullish week later on, so it's better to take position in the asset of your choice. #MarketSentimentToday #Polkadot #dot #PPI

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