$BTC
Officially, the market structure has changed completely, and Bitcoin has closed the annual cycle in a way that is completely different from what happened in previous cycles.
For the first time, the fourth year of the cycle closes with a red candle.
And for the first time, Bitcoin dominance has closed for four years with green candles, which completely reflects the weakness of alternative currencies during the previous years.
As for the overall liquidity of the market, the closure came below the peak of 2021, which reflects the liquidity shortage we have faced over the past years.
As for the dominance of alternative currencies, we have been breaking an upward trend for months, with a positive divergence found between the candle on October 10 and the candle on the day of Corona, indicated by the blue arrow.
Based on the above, God willing, we expect great good this year, and it will not be worse than what we have seen before.
The environment is pressured, with mental fatigue and nerve pressure as Bitcoin reaches low areas on the MACD.
The decline of alternative currencies to record numbers; the fear and greed index shows extreme fear.
We are optimistic about the upcoming period, God willing.
And every year, may you all be well 💕