The article discusses the current price and volatility of Bitcoin (BTC), which is currently trading at $97,5500.15 with a 0.36% decline in the last 24 hours. The market is consolidating around this level, showing a brief equilibrium between buyers and sellers. The article also mentions a bearish pennant pattern on the Bitcoin dominance chart, suggesting a potential continuation of the price downtrend. Various indicators, such as RSI and MACD, support this bearish outlook. A decline in Bitcoin dominance could lead to an altcoin rally, with altcoins benefitting from increased liquidity and investor attention. The article concludes by stating that if selling pressure persists, Bitcoin dominance could further decline, but if buying strength returns, it could recover.



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