Here's my prediction on #BTC DOMINANCE fib time pivot. Today until June 6 would be consolidation, then June 6-21 will be when altseason resumes. Note that this is just tentative, but the pivots are Jun 6 and 21 for BTC dominanc

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#BTS Updates:

$btc support

This is why I think 7300-7500 is current support.

Support falls under a monthly fib level. And historically this zone is where price reacts.

Also, we are still inside the channel and there's nothing to worry about just yet. If it breaks below the channel, thats when you should panic as bulls.

Red trendline from 2016 is also acting as support here

#btc update:

8600 needs to hold to stay bullish. If it breaks, expect the dump.

However, fib pivot on May 29 (today) is showing we may dump from here.

Next fib pivot is on Jun 6.

Bias: I'm leaning bearish.

#CryptoNews
Bitcoin’s price peaked above $9,000 for the first time in over a year earlier today, but the rally was short lived as its price returned below $8,600 just minutes later.
At 160 UTC, the world’s largest cryptocurrency jumped 4.6 percent from today’s UTC opening price of $8,681 and climbed as high as $9,084 – its highest price since May 10, 2018, according to CoinDesk pricing data.
However, sellers quickly halted the rally, causing the price of bitcoin to drop more than $500 to $8,548 in just 30 minutes after reaching today’s high.
In all, Messari data reveals $26.3 billion in reported bitcoin volume has traded hands so far today.
The broader cryptocurrency market also felt the pull of gravity shortly after climbing to a 10-month high of $285.8 billion in total capitalization.
Highly ranked cryptocurrencies such as tron (TRX), litecoin (LTC), and EOS (EOS) are all reporting losses greater than 3 percent after initially being a few percent in the green before the market wide dip.
That said, some cryptocurrencies are still reporting 24-hour growth. The prices for dogecoin (DOGE) and Bitcoin SV (BSV) – both top 20 cryptocurrencies by market cap – are still up more than 5 percent on the day.