- Bitcoin is struggling to break 30k resistance, the more time under this resistance makes it more tuff for bulls to be able to break it.
- Bitcoin is making a sideways movement since one week ago but BTC is forming a triangle and almost went to the end and must decide whether to break above or down the triangle trend line.
- most probably the triangle will be a continuation pattern and BTC will break above and test the 32k resistance zone.
- I expect an increase in Bitcoin dominance that will definitely affect Altcoins badly if there is no equivalent increase in the total market cap.
- Bitcoin is making a sideways movement since one week ago but BTC is forming a triangle and almost went to the end and must decide whether to break above or down the triangle trend line.
- most probably the triangle will be a continuation pattern and BTC will break above and test the 32k resistance zone.
- I expect an increase in Bitcoin dominance that will definitely affect Altcoins badly if there is no equivalent increase in the total market cap.
