A weaker dollar makes BTC more attractive to investors. A Fed rate cut will weaken the dollar index, potentially leading to a new rise in the price of bitcoin🚀🚀🚀

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, Daily candle close below and we saw some sharp decline lower and reaching out $52,500 area. This can be a wick fill and looks at the market, its kinda go more lower just for liquidity run.

This Bitcoin cycle is no different.

The biggest gains are still yet to come

#BTC attempted to move back to the resistance area getting rejected again. The zone is standing very strong, as long as price trading below it, we might see more dump in altcoins.

#TOTAL MARKET CAP :

#TOTAL Marketcap gave a closing over the resistance respecting the pattern and again slides below it. Now, this is the new range and market can dip further lower too. Potential reversal points will be $1.80T - $1.85T.

#BTC Finally gave a break of the resistance area and gave a healthy closing in Daily TF. Now, in H4 TF price looking for a retracement and expected to continue moving higher.