🪙#BTCUSDT 12h
So, are the markets continuing their upward trajectory? Liquidity has finally started flowing into altcoins. Yesterday, there was a local correction in Bitcoin, but prices have already recovered today. I'd like to see Bitcoin break above $68,000 today, and a local altcoin pump over the weekend, at least by 7%-10%
📈🚀#Bitcoin has not only broken above the upper boundary of the descending channel, but it has also surpassed dynamic resistances such as the Ichimoku Cloud and the 50-100-200 moving averages on the 12-hour chart.
❗️Currently, we are observing a slight decline from 66.7K, likely aiming for a local correction and a retest of the broken resistances. Therefore, a drop to as low as 63K is quite possible.
As always, the growth is significantly influenced by inflows into BTC-ETF in the US: yesterday, the total net inflow was around $257 million. Additionally, inflows have been observed over the past couple of days, pushing BTC upwards.
👨💻Today, we'll take a closer look at USDT.D dominance and when the altcoin season might arrive!
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