Same idea as the Btc, a rise before retesting supports, there is a lot of good news coming out now, from Russia, the approved ETF or Belarus.
The FOMO will act by driving the price of Btc up to the touch of resistance, if they are broken, it is already very likely around 85% that Btc will retest higher values or levels between 52k and 56k
Be careful with...
Btc will increase in price according to various forecasts, but not to continue rising towards new highs, both on the daily and weekly charts we are still in a clear downward trend.
For me new institutions are still missing, and the number of weak hands has decreased, in this way the whales plan to raise the price to create FOMO and attract new investors, and then...
The price of bitcoin continues to grow, and so does its dominance, but not as strongly as it should after a severe correction.
We continue to get closer to the key points and at the point between 44.6% and 45.5% we have a great resistance that can be broken or fall again with force giving the last altseason of this cycle, falling below the 39% levels.
