Dominance BTC 43.94% USDT 4.35% ETH 17.9%
No significant points for BTC, volatility and volumes are decreasing. In the short term the title could correct.
But I believe that we are in a phase of accumulation, despite bad news, the market has held up well and there have been no jolts.
The pivot point is at 33491. As long as we hover above it we can expect targets marked on the 4 hour chart. Below we have the other supports. For those who follow me on telegram, they know that I opened a long position at 33500 with a stop at 32690.
Hope to review 35000 area.
4-hour chart:
graphic from tredingview.com
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This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
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