BTC dominance
Bitcoin dominance on the decline. Looking for a roughly 20% retracement down to 52.5% level.
Alts showing strength across the board. I am looking for a period of relatively large consolidation for Bitcoin between 40,000-22,000, at the lowest, for the next few months.
Sometime in late spring or early summer I expect Bitcoin to rise huge again and find it's next major resistance around 72,000-75,000.
Ultimately, I see Bitcoin topping out around 300,000 probably mid December-2021. Next cycle I see Bitcoin dropping to 46,000 area.
Bitcoin resistance: 38,000, 42,000, 75,000, 115,000, 250,000, 300,000.
Bitcoin support: 29,000, 27,000, 22,000, 18,000, 12,300, 7,700.
Alts showing strength across the board. I am looking for a period of relatively large consolidation for Bitcoin between 40,000-22,000, at the lowest, for the next few months.
Sometime in late spring or early summer I expect Bitcoin to rise huge again and find it's next major resistance around 72,000-75,000.
Ultimately, I see Bitcoin topping out around 300,000 probably mid December-2021. Next cycle I see Bitcoin dropping to 46,000 area.
Bitcoin resistance: 38,000, 42,000, 75,000, 115,000, 250,000, 300,000.
Bitcoin support: 29,000, 27,000, 22,000, 18,000, 12,300, 7,700.
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