It's not the simplest currency right now, to be honest.
What can be said? it has not been bullish since it broke down the $ 58000 support.
Furthermore, BTC broke the ascending trend line.
According to the technical analysis it should go to $ 51500/50000 to retest this level.
My personal thought: the market is extremely heated, we need a correction.
There is no point in having BTC above 50K if we still can't trade most altcoins yet.
I do not hold a position on BTC for now, I would like it to go deep. The market needs rest.

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