Bitcoin dominance

Breakout to the downside in the making on the daily chart!

Next support at 57.37%

$BTC.D

The good news is that Crypto Total Market Cap recovered the previous all-time high from November 2021 and also the golden ratio of the Fibonacci retracement on the weekly chart

So far a textbook pullback

- 3.01T ✅
- 3.06T ✅

All pullbacks above 3.01T are buy opportunities!

Bullish!

TOTAL 1W

This is not yet a bear market

Those who say we are in a bear market are easily scared by a textbook correction

After a false breakout, Bitcoin is breaking out again to the upside with a neutral OBV

If it finds acceptance above the range high (91.3k) and a buy signal is triggered, it's very bullish!

Indicator: OBV Trend

$BTC

After consolidating for almost 2 months, Bitcoin finally looks poised to rise as long as it holds above 91.3k

Breakout ✅

Buy Signal ✅

91.3k becomes support ⌛️

Indicator: OBV Trend

$BTC

Buy Signal 🟢

Indicator: Trend Heuristic InSilico

$BTC 1D

Currently trading above the 0.618 Fibonacci retracement level

Bitcoin's downtrend on the daily chart has been broken

HL ✅
HH ✅

$BTC

🚨 The Parabolic SAR has turned bullish 🟢

$BTC 1W

SuperGuppy says: Higher!

$BTC 12h

The key level to maintain is the POC at 87.1k

If Bitcoin finds acceptance below it, then lower levels come into play

$BTC 1D

Bearish Signal 🔴

Support at 78.4k

Indicator: Crayons gray InSilico

$BTC 3D

Bitcoin needs another HL

$BTC 1D

Crypto Total Market Cap still has a bullish structure according to the Ichimoku Cloud

We are only concerned if it finds acceptance within the cloud, because if it does, the probability of testing its support level increases, and if it breaks down from the cloud, we could expect the bear market to begin

TOTAL 1W

Confluence of supports in this area 👀

$BTC 1D

Bitcoin bounced almost right off the support at 59.7k

$BTC 2W

Breakout to the downside of the Ichimoku Cloud on the weekly chart

Bitcoin has officially lost the bullish structure according to this indicator ⚠️

If it finds acceptance below the cloud the bear market could have begun

It needs to reclaim the cloud for us to have hope again for the bull market to resume

$BTC 1W

Crypto Total Market Cap has tested the 200-day EMA and 200-day MA as support on the weekly chart and has retraced its entire recent upward impulse

As long as TOTAL remains above both levels, a recovery is still likely 👀

Will the monthly trend band hold as support?

$BTC 1M

Crypto Total Market Cap is attempting to close the weekly candle above the 200 EMA 👀

Bitcoin has tested resistance on the weekly chart. A pullback from this level could be expected

A close within the cloud would signal an increased likelihood of the bull market resuming

Bearish below the cloud

$BTC 1W