BTC closed week with very bullish mood. Gained 20% over a single weekend, who could have imagined... Retracement pulled back to 6755 and pushed price back above 7k SR. If it doesn't fall below this level today, we might see a healthy alts bullrun and further BTC growth, once indicators reset. Hard to predict Bitcoin movement when it becomes on hype - it can stay overbought for a very long time. But I still recommend havig SLs below ~6950 levels and be ready to buy back at 6600-6300.
Possible scenarios:
(1) push to ~7280-7300 and fall down to 6600.
(2) crazy hype pump without any pullback
Long targets: 7700 - 8200 - 9200
Short targets: 7000 ✅ - 6600 - 6300
☀️ Fear & Greed index 78 (<= 75<= 76 <= 71 <= 69)
👑 BTC Dominance: 58.7% (<= 59.4 <= 58.5 <= 58)
⚙️ Market Cap: $212.746 billion (<= 220.374)
⚙️ 24h Vol: $75.949 billion (<= 94.684 <= 69.829)