BTC is on the move, but there is one important thing, that is not moving at all - volatility is sleeping, so that means one thing - BTC will pump even harder, I am talking about 13000-14000, but this is IMHO not as likely, as a big dump. If price goes up so fast, then volatility usually spikes a lot, when price goes in same speed down. I really think, that we will see this volatility spike. Now the biggest question - where will BTC stop ? I pointed out the most probable zones, but it´s really hard to tell and there is still chance, that we can pump even harder. So very complicated situation, hopefully there will be some signs of slowing down, or some patterns.
Comment:
BTC dominance is now very useful - we know, that BTC dominance will go up and current correlation is obvious - BTC goes up, btc dominance goes up and highcaps xxx/BTC are falling. So that means, that btc will go also up. BTC dominance has only one strong resistance to beat and I think we will see also reaction in btc price, after btc dominance will hit that resistance.