**Bitcoin Market update
Bitcoin is now trading bullish and Bitcoin Dominance is following it.
Bitcoin dDminance should soon start declining again and that should be bullish for altcoins. Below 59% is the next support which will eventually breakout to the downside as well and altcoins will have a full bullish outcome for weeks when it happens đ
â ď¸ **Bitcoin is now trading bullish and we should see it to test $120,000 in the near future, above that resistance, we will get a rally targeting $131,000 WZRD resistance đ**
On the other hand more sideways volatility can still happen if we get sudden policy shifts and impact the US stock market badly.
Today it is all about the weekly transition.
My focus will be on the intraday chart for now, **once our second position gets secure, I will be interested in getting th
e next trade.**
**Intraday:**
The intraday chart is now trading bullish and we should see more bullish outcomes eventually though some volatility is also normal.
**đŽ Moving above $119,500 resistance is a bullish sign and we will get more trade opportunities as our second active position will be secured too -
For now, $117,000 (POI) is the main intraday support.
From the mid-US trading session, we will get more random volatility today due to the upcoming weekly transition.
H1: https://www.tradingview.com/x/4GfCqp9W/
Daily: https://www.tradingview.com/x/bro2OqDy/
BTC.D: https://www.tradingview.com/x/ctt343cA/
**đThumbs up once read**
