(1/1, Sat) Happy New Year !!

Yesterday(12/31 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $47107, its lowest as $45500, its highest as $48546, its closing as $46204. Bitcoin showed only small move since the start of the last day of the year on Friday, then start rising at 07:15, reaching a high above $48k at 09:00, then flattening, then sharply dropping from 16:30, reaching a low at 19:45. After that, it rebounded and ended with a final decline of -1.9%.

If you look at the 4hr chart, it broke through $48k and seemed to rise, then fell again to the bottom of the box, which means the upward energy is insufficient. And on the daily chart, the MACD, which had a golden-cross on 12/19, was right before the dead-cross, if there is a further decline and have a dead-cross, it should be considered difficult to rise for at least 10 days.

Bitcoin, which started at $28,951 on 1/1 this year, rose 139% to the ATH and closed +60% and dominance has fallen from 63% to 40% yearly, indicating there was a big rise in altcoin. The Ethereum rose 399% yearly, and several altcoins rose more than 10,000%, leading the altcoins' bull market. It is worth paying attention to whether there will be an investment boom in altcoin market next year by lowering Bitcoin dominance.