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Every day we see a new peak for Bitcoin. We have now reached above $107,000
That means, guys, there is interest in buying at current levels
We have determined for months that we see the peak will be
Between 120,000 - 140,000
But all of this may change because of what I see now. If it happens and America makes a reserve like this, forget the numbers we are talking about
The peak will be above $200,000
But let's set initial targets
From 120,000 - 140,000
Okay, what is the status of alternative currencies now? They are standing still.
Let's agree that the significant rise in Bitcoin with the rise in dominance is temporarily negative for alternative currencies, but very positive after that
The more Bitcoin rises and then corrects the acquisition, the better and stronger it is for alternative currencies
It means that we are still continuing and the bull run has not ended
Now what remains for the second wave of the rise in alternative currencies to occur is the correction of the acquisition and the sideways movement of Bitcoin
But things are good and the movement is going as it is Expected
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Stability now above 98000 and returning to 100000 $ will be an important indicator for the continuation of the rise and this time we may break the resistance at $104000
Now the acquisition is 57% higher than before the correction by 2% and with the decline of Bitcoin
Alternative currencies have been depleted
After stability above 100 $ God willing, I see that alternative currencies will gradually rise to what they were before the decline
📊 In light of the market decline, what did#ETFfunds do yesterday:
💹 Bitcoin: witnessed positive flows of $479 million.
🌟 Ethereum: significant flows of $149 million, which enhances confidence in the positivity of funds around#Ethereumand continues the series of positive flows.
🔄 Total flows: Strong signs of an increasing appetite for digital assets and look at their reaction during the red market!! They bought and did not sell! 🙂
Do you think these flows will continue? Share your opinion!