#QUICK_UPDATE_ON_BTC
BTC touch 8500 and drop to 8150. Chart indicates BTC could test 1st support at 7500-7700 or 2nd support at 6600-6700 before it takes another bull run to 9500-9700. For this to happen BTC DOMINANCE must drop from 47.2% to 43-45 but if BTC DOMINANCE continue to grow to 49-51% then 8000 level will be enough support for bull divergence to 9500-10000.
This is what you should expect per the current market situation.
BTC touch 8500 and drop to 8150. Chart indicates BTC could test 1st support at 7500-7700 or 2nd support at 6600-6700 before it takes another bull run to 9500-9700. For this to happen BTC DOMINANCE must drop from 47.2% to 43-45 but if BTC DOMINANCE continue to grow to 49-51% then 8000 level will be enough support for bull divergence to 9500-10000.
This is what you should expect per the current market situation.