BTC POSSIBLE 47 K and 44 K TARGET BEFORE BULLISH RUN AGAIN

13 thg 5, 2021

BTC/USDT show reversal bearish run with volume increase, that means there are still buyers but that volume increase won't be sufficient and will be testing to 44 k are before starting bullish run again. Check out BTC.D since it got closer to critical area of 42% dominance and from that area it can take support and increase to 48%-50% area where alts will suffer in that case for a short term.

When we check big picture;

1)BTC.D has target of 36% and 30% with new ATL for BTC.D and can go %24 level since alts are more powerful and there are many good projects compared with 2018 bull run.
2)TOTAL2 / ETH MARKET CAP had to see at least 4.32-4.51 to say that we reached saturation for alts but for now we are far away.
3)Total.2 market has not reached its target of;

T1: 1.4 T USD Reached
T2: 1.77 T USD
T3: 2.84 T USD
T4: 4 T USD

*Breaking 1.5-1.6 T level is really important !! There is a strong resistance line coming from 2017-2018 bull run

4)Total market has to break 2.5-2.6 T usd level which is the most important resistance to break. Detailed figure can be checked from my previous post about total market on Apr 3 th.

5) BTC has to break 60-61 k level and take support from there, to say that healthy bull run is still on.