🚨 BTC Update Macro Outlook
1/ Target Hit:
BTC touched our 103,200 target but faced a rejection on the daily timeframe with no candle closure above it.
2/ What’s Next?
If BTC breaks and closes above 103,200, the next key target will be 115,300.
3/ What to Watch:
Monitor daily candle closures—breaking 103,200 could trigger the next leg up in BTC’s rally
BTC Update current market conditions.
1/ Uptrend on the Line Chart:
BTC has maintained its uptrend, with retracements consistently closing daily candles above 95,600, making it a key support zone.
2/ Crucial Support:
As long as BTC does not close a daily candle below 95,600, the bullish momentum remains intact.
BTC Update on 4H TimeframeÂ
1/ Support Zone:
BTC’s current support zone is between 98,300 and 98,500.
2/ Next Immediate Support:
If a 4-hour candle closes below this zone, the next support will be at 97,300 (aligned with the 0.786 Fibonacci level), with maybe a wick to either 96,200 or 96,600.
3/ Daily Candle Watch:
Should BTC reach 97,300, we’ll need to monitor for a daily candle closure below this zone to assess further downside potential.
USDT Dominance UpdateÂ
1/ Retesting Crucial Zones:
USDT dominance is currently testing the 3.96%-3.97% range, a significant level to watch closely.
2/ Key Zone to Monitor:
The 4% level (0.786 Fib) is critical. Here’s what to expect:
- Daily Candle Closure Above 4%:
BTC and altcoins may continue their downward trend. - Rejection & Closure Below 4%:
Markets are likely to recover, and the uptrend resumes for BTC and altcoins.
 Altcoin Season Incoming? 🚨
1/ Current Opportunity:
Take advantage of this retracement on your favorite coins. Historically, alt season often begins between December and January.
2/ What to Expect:
As the market shifts, there will come a time when coins stop retracing and only move upward.
3/ Action Plan:
Use every retracement wisely—this could be the last chance to position yourself before the rally begins
Stay informed and take calculated risks in this dynamic market.
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