Market Cap BTC Dominance, %
Panjang

Likely to break the downtrend line and increase the price of bit

135
We have a downtrend that has hit a lot so far, which gives credibility to the trend line. But the number of collisions is gradually approaching, which indicates its failure soon. Due to the possibility of forming an engulfing pattern and increasing the price of bitcoin and testing its price ceiling, I expect the trend line to break.
The most important resistance on the way is 0.236 Fibonacci in 44 units and weekly pivot, which I expect to start falling in the range of 48 units.
So it is better to be a little more careful when buying altcoins.

Penafian

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