Bitcoin got rejected hard from the resistance shown, we may see it back in 92k if it stayed under the resistance and didnt break it for some fundamental things
I see the total market cap of the altcoins dropping for a retest and it may also go down to close the FVG if this happen it will lead for a 31% drop for the total market cap and it may lead the alt coins to drop back to the bottom
which means we may see the altcoins one more time in the bottom so we can buy again.
unless big fundamental thing happens change the...
as we see these are the most critical areas for bitcoin for now
they are the keys that we can depend on them on the next move
a bounce from the closest support would mean the target is the highest resistance while closing under the closes support means we are getting back to the 74k region
all the scenarios on DOT for now are bearish, unless something sudden happen (some news)
these my expectations as scenarios for the coin
in my opionion getting back to the bottom is not impossible
If btc continues going down and the dominance continue rising we will see DOT in the bottom again where it will be a good spot for buying and long positions
unless it breaks the resistance on 11.6
since alot of the traders are still greedy we can see a correction toward the closest support as shown in the chart
if the daily candle close bearish like this we will be heading down toward 91k and if we got more bearish toward 74k 75k
maybe we will see the 75k when the delisting of usdt will occure from coinbase
