P_S_trade

BTC 12h Critical level $54100, where will be next movement?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Today Bitcoin has reached the critical level of $54,100
The price behavior of the BTCUSDT pair in the coming days will decide the future trend in the crypto market.
A confident fixation of the BTCUSD price above $54,100 will give an impetus for growth first to $56,400, and then one can even think about updating the maximum to the $61500 area.
However, if in 1-2 days the BTC price cannot gain a foothold there, then it will be necessary to start considering the red route, which may become the beginning of a trend change.

The dominance of BTC continues to ram the bottom at the bottom of the channel. The probability of BTC domination shot up to 68% remains quite high.
Such a maneuver could be a positive impetus for the movement of the BTCUSDT price, however, how the altcoins will behave is still a mystery.

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