You need to read this 😱

Good evening to all my friends. I hope you all are doing well. Just one day to go for another fantastic weekend. Here's the the latest crypto market update for you all. The current situation with Bitcoin dominance. About a week ago, we noted how Bitcoin has been trading between support and resistance since May 2021. Right now, due to Bitcoin's dominance, altcoins are losing value. If we look at the 21 EMA, it's currently around 56.6. This level is important because in bull markets, prices often find support here, while in bear markets, it acts as resistance. A break below 56.6 could lead to a decline.

We also need to watch the upcoming CPI data release on October 12, which could influence market expectations. If core CPI declines, it may signal a rate cut from the Federal Reserve, which would be positive for the market. Currently, Bitcoin is holding above its key support at $61,000. If today’s CPI data is positive, we might see a rate cut next month. That’s it for today. If you want to know more about crypto market then here's the link of the video. Thanks & have a good day!!

@abfarhan