The Trust Layer for Market Analysts

The analyst discusses Bitcoin's recent $5,000 pump, analyzing the 4-year cycle and shorter-term price action. He considers the weekly, 3-day, daily, short-term, and immediate short-term price action. Key levels and technical indicators for Bitcoin are discussed. He notes aggressive upwards movement to 115000 level with some bullish exhaustion. Discussion includes total cryptocurrency market cap, Bitcoin dominance, and altcoin market cap. A key level for Bitcoin is 118,000; above this level is considered bullish, if bitcoin can not break this horizontal and hold its high above the next support should be 109930 otherwise we should expect a downtrend. For Altcoins if the price break 3.65 Trillion then that would be a bearish reversal and drop the price of the 50MA