SOON narxiSOON

BTC We've made some progress since I last posted this chart last week. We've reclaimed $112K and are currently attacking $115.7K again, which is the new region of interest for both sides. It would be extremely important for the bulls to keep the price above this level before Powell's day. We know he's the boss, but we never know for sure what the hell he'll do, so the bulls need to maintain their advantage here. Today's price action was ZERO surprises, and tomorrow we should see even more volatility. Note that at this point, the 50 EMA (4h) is doing a great job supporting the price here. With a little more time (which we don't have), the 100 EMA should start to improve further. The RSI is ridiculously good, so we won't mention it. BTC dominance retested at 58.28% today, causing greater discomfort in altcoins and obviously preventing them from following $BTC 's recovery this afternoon. This should change soon, and they will. The charts still look very good, but we need ETH to start showing strength again, and that can start by maintaining its price above $4,500. Keep it simple, and it will work. We don't need much today, just a daily close above $115K for Bitcoin and $4,500 for ETH. The same thinking continues: #BTC will reach a new ATH in October. Once we get there, everyone who sold their altcoins at these prices will bitterly regret it. If you're not going to give up in SEPTEMBER, then congratulations...you WILL make great profits from there.

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