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Bitcoin Dominance continues to trade within a rising wedge pattern. The price has reached the upper resistance line of this pattern. This level acts as resistance, and we may see a rejection from here. As a result, altcoins are experiencing selling pressure due to the increasing Bitcoin dominance.
šŗšøšµš· The United States is rebuilding military bases in Puerto Rico and the U.S. Virgin Islands ā just 500 miles from Venezuela ā turning them into a major staging ground for possible operations near Caracas.
New construction, resurfaced runways, and increased U.S. air and naval deployments in the Caribbean point to preparations for sustained missions beyond counter-narcotics patrols.
Analysts warn the buildup could escalate tensions with Venezuela, Russia, and China ā all of whom have condemned Washingtonās growing military footprint in the region.
Bitcoin gave a shallow break of the channel, and now retesting the the zone and pattern as resistance. Price showing the bearishness in itself and might drop with the Monday Market Open.