Brief cryptanalysis Bitcoin has bounced off the trend line and is now trying to break its main resistance zone at
$30.4k, but the volume is not coming and it seems very difficult for
Bitcoin to break this zone without proper volume
If it gets rejected from this resistance it will start to decline and we may see
BTC price touching its main support level which is around
$28.7k BTC needs to close the 4-hour candle above the
$30.4k to
$30.7k resistance area to gain bullish momentum. The dominance of
BTC is bullish and it continues to move higher, which is not a good sign for altcoins
