Live streaming will start on November 30th! In last week's live I told you not to be afraid to drop from the first high price The decline in the first high price must have a rebound
Bearish trends are not created right away from the first high price But from now on, you have to be careful From now on, a bearish trend can be created The price you should always watch out for is the second highest price Bitcoin's dominance is important at this price
Higher prices must rise with dominance Bitcoin's rising dominance means inflow of funds When people invest in crypto, they invest in bitcoin first People don't invest in XPR or ETH in the first place Institutions and whales are also the first to invest in Bitcoin
Bitcoin is also the beginning of all information Even if you search the news right now, Bitcoin has the most In order for money to enter the crypto market, Bitcoin must first rise However, if the money is divided into other coins, the rise of the crypto market is difficult Bitcoin's dominance rise is now smaller than before
The price is similar to the previous high price, but the dominance is smaller When breaking through the previous high price, dominance must also be broken However, Bitcoin dominance did not rise There was no decline in dominance in Bullish's course But now, dominance has a large decline and a small rise
But I'm not saying that the price of Bitcoin will drop right now It is not important that the dominance changes in the short term If the dominance is the same even when the price is near $20,000, From then on, you must be careful And let's look at divergence Now there are two high prices
Currently, the money flow indicator has risen a lot If the price drops from now on, it could be divergence The high price is the same, but because the indicator falls However, this may not be the high price So from now on, don't think of it as divergence
Moneyflow rises The money is coming in, but we have to see how it will be used Bitcoin's dominance should rise further Let's check out the volatility indicator ATR
High volatility, which can lead to a fall in price The rising price of bitcoin now is good for other coins Don't worry that the price of your coins won't go up Rather, it is more dangerous for the price of other coins to rise now If you sell the coins you have now and use Bitcoin leverage, At that time, the price of Bitcoin could fall further
If the dominance rises by more than 65% and breaks through the high price, A really big bullish might start But the double top pattern is a risky price People can expect the price to rise So the double top pattern is always dangerous If you analyze the chart technically, you can escape the temptation
You can control your mind with a chart So you have to watch the price now You guys can get a 20% discount on BYBIT fees through the sign up link on my channel
