$BTC — consolidating above the resistance zone 📈
BTC showed a good upward movement with an ATH update, which was actually expected after Trump's victory. In the medium term, his victory should lead to a continuation of the upward movement, in particular until the end of the year. Perhaps we will see marks closer to $ 100,000 🔼
📝 However, for altcoins to start growing, it would be good to see a significant decrease in BTC dominance. Without this, it will not be possible to start the alt season. The altcoin market needs an influx of funds and there are no other options except taking liquidity from BTC.
What are the short term expectations?
I expect some relief for the market after the US elections and I allow for a decline to $70,000. They will shake out everyone who ran up during the last growth and we will continue the upward movement.
#Bitcoin❗ #DogeArmyComeBack #SOLFutureRise #Trump47thPresident #AltcoinsAreBack