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BTC UPDATE
Rejected at the 10 ema and the 23.6 retrace.Getting a candle close over it would be a good start.Still holding support, but it is a chop zone.
Before the last altcoin rally BTC dominance never got above 60% according to chart on CMC, we’re at 53.5% now.
In one day chart we've held this S/R, with a bottomed out RSI. But at this stage, that's all it is its look similar consolidation marked on the chart in pink, where it eventually broke down albeit with a higher RSI.seeing $BTC charts in corelations with moon phases from respectable CT handles. We might me near bottom!
Btc based on MN chart 5000/3200 still possible and increase of bitcoin dominance at the same means wave of failures of weak products, thats nature and only strongest will survive.
If we don't consolidate from here and continue trending, some intraday TFs indicate there's underlying bearish strength🚵