BTC.D: Phase 1 Rotation Keeps Capital in Bitcoin
Trader Tardigrade states Bitcoin dominance remains in phase 1 of the traditional bull market rotation model after the weekly breakout above the triangle, directing flows into Bitcoin before any move to Ethereum or alts.
SourceAnalysis
Trader Tardigrade notes $BTC.D holds phase 1 of the standard crypto bull rotation cycle on the weekly chart, with the full bullish candle positioned above the triangle post-breakout.
This structure shows capital still accumulating in Bitcoin rather than rotating downstream to Ethereum, large caps or altseason.
BTC trades at $83825.9 inside its Bollinger band on the 4h chart, pressing the upper resistance at $84376.52 while the 50-EMA at $83482.08 acts as immediate support and the 200-EMA at $82338.35 marks deeper structural floor; the MACD golden cross at 79.66 keeps trend strength intact and the neutral RSI at 54.88 leaves headroom for a test of upper-band resistance before any measured retracement to the 50-EMA confluence.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.