Before this ascent, you saw that we were announcing a descent, but now the situation has changed
I know the reason for this rise is most likely the Elon Mask and Jack Dorsey Conference.
It is not yet possible to promise an uptrend or downtrend
In the bit chart, the uptrend has been a bit weak lately. There is a negative divergence in the oscillator, which is really a very small percentage of divergence error, and unfortunately the shape of the daily candlesticks, which is very important, is not strong enough. And this may be natural, I think it will touch the price of 43 thousand, and after that, if we see a strong return, the probability of rising to 55 thousand can be considered high.
The next issue is that Bitcoin dominance has lost its uptrend line and this indicates the rise of Altcoins.
Also, the Altcoins chart is really bullish, and a large number of them are at the top of the resistance, and if they are broken, the Altcoins can be reported to be bullish.
I know the reason for this rise is most likely the Elon Mask and Jack Dorsey Conference.
It is not yet possible to promise an uptrend or downtrend
In the bit chart, the uptrend has been a bit weak lately. There is a negative divergence in the oscillator, which is really a very small percentage of divergence error, and unfortunately the shape of the daily candlesticks, which is very important, is not strong enough. And this may be natural, I think it will touch the price of 43 thousand, and after that, if we see a strong return, the probability of rising to 55 thousand can be considered high.
The next issue is that Bitcoin dominance has lost its uptrend line and this indicates the rise of Altcoins.
Also, the Altcoins chart is really bullish, and a large number of them are at the top of the resistance, and if they are broken, the Altcoins can be reported to be bullish.
