Is Bitcoin able to break the overhead resistance ?

💎BTC/USD🌴FREE UPDATE🌴

- Yello ladies and gentlemen💰😎🥃

💎 BTC, similar to ETH is still under a pressure of immediate resistance, which for BTC, is around 11k. Which is still an important level for bulls to reclaim.

💎Furthermore, we believe a break-out above this, would end this consolidation period and trigger a rally towards 12.4k+.

💎As indicated at the bottom of our chart, Bitcoin's volatility has dropped significantly over the last month, presenting a similar scenario as we have seen in July.

💎However, Bitcoins dominance has risen, despite the BTC stability, indicating that the overal interest for altcoins has dropped and traders/investors are returning back to bitcoin and stablecoins.

💎If you are a clever trader, you are being very carefull these days in the market (shorting and looking only for a strong buying setups) and waiting to start going with most of your portfolio to altcoins, only when they start bottoming out.

- short-term is bearish for BTC long term is bullish