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7월 30일

Bitcoin Analysis:
As I've mentioned in many of my previous analyses, the current bullish flag is one of the most bullish patterns in technical analysis. This pattern typically indicates a strong continuation of the upward trend. Based on this pattern, I expect Bitcoin to target $80,000 gradually . However, it's important to note that Bitcoin might gain less dominance than it has now.

Bitcoin Dominance Analysis:
If we look at the Bitcoin Dominance chart, we can see that the pattern is running out of steam. Currently, the dominance resistance stands at around 57.16%, but I expect this to correct to around 50%. This correction in Bitcoin dominance, combined with a gradual increase in Bitcoin's price to $80,000, will provide an opportunity for altcoins to benefit more from the overall market increases.

Total Market Cap Excluding Bitcoin (TOTAL2) Analysis:
In the TOTAL2 chart, we can also see a bullish flag formation. This pattern suggests that the total market cap for altcoins is likely to target the all-time high of 2021. This is a positive sign for altcoin investors, indicating potential growth across the broader altcoin market.

Investment Strategy:
It's important to remember that not all altcoins will see significant increases. Since it's challenging to predict exactly which categories will perform the best, it's wise to build a diversified portfolio. Additionally, always follow strict money management principles and ensure you have cash aside to take advantage of market opportunities or to cushion against potential downturns.