#BTC/USD
Outlook: Leaning bullish on smaller time frames
BTC has been in healthy consolidation mode since recent surge and is nearing a bull MACD cross on hourly chart
That plus the rising EMAs provide a bullish bias
Pennant resistance will be first test
Source - coindesk market
Coins Dumping Heavily
Reason is BTC Dominance
Just Few Hrs Back Dominance Was at 43.7%
Now currently Sitting at 44.3%
That's Hell Lot of Increase in One Day Guys ‼
I Personally Think We Will Probably Gonna Cross 8K Mark Within 2 Days Time 👀
Also, Tomorrow is 20th Jul, Court's Hearing Date in India
Expecting a Good News as Well
BULL | BULL | BULL | BULL | BULL | BTC 🚀
You Can pretty Much SHORT Every Single ALTS That are On BitMEX
As BTC Dominance is Rising, Coins Will Dump More
Don't SHORT BTC Though ‼
#BTC Supports in blue Resistance in Red. Major Resistance in Yellow. Long on breakout of LP zones.
Trade with carefully . Happy trading