The latest weekly candle suggests Bitcoin could recover most of the past two weeks’ losses within days. The levels being watched:

• Upside target: $84,000 to $85,000 this week
• Short-term trigger: a move above $80,000 to $81,000 could lift BTC quickly to $83,000
• Support: current levels, with a deeper floor at $77,000
• Liquidity: short positions are building between $81,000 and $82,700, which raises the chance of a short squeeze

Bitcoin’s daily RSI has also fallen to very low levels, a reading that often comes before a bounce.

Bitcoin Dominance Could Unlock Altcoins

Bitcoin’s share of the total crypto market is close to the top of a wedge pattern on the weekly chart. A sharp drop in dominance from here would usually mean money…