According to an analyst on X, Bitcoin’s grip on the market looks too strong for altcoins to break free any time soon. Bitcoin’s price ticked up to around $104,000 after climbing 0.4%. It had dipped briefly to $103,000 but buyers stepped in fast.
That push drove it back toward the $105K mark. At the same time, the US Federal Reserve held interest rates steady, keeping traders on alert for any ripple effects.
Bull Market Support Band Explained
Based on reports, the Bull Market Support Band sits between two key moving averages. One is a 20‑week simple moving average. The other is a 21‑week exponential moving average.
Together they form a zone that Bitcoin Dominance has used as a springboard all year. When dominance tests that
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