$BTC I have read several news articles on specialized portals that Bitcoin will fall below $100k and then rise to more than $125k. What supports this sentiment is the large number of traders opening short orders in the short term. However, the technical analysis for Bitcoin reveals exactly the opposite: prices are above the fast averages (9, 30, 50) and these averages are also rising. Additionally, the Ichimoku cloud indicates a sideways market in the range of $108k to $113k. There is no strong indication that the price will fall below $108k. The same cannot be said for altcoins, for which there are clear signs of recession in the coming days.

So, in my opinion, Bitcoin will once again show its supremacy and continue to be the locomotive of the crypto market, leading us to considerable gains in the coming weeks. No declines, only increases.

The enormous institutional adoption of Bitcoin and the flight of capital towards this currency in times of instability leave no doubt that Bitcoin is already the digital gold.

Greetings from Cryptocoin Place.