The primary cryptocurrency peaked at the $44,250 high, a two-week top, before correcting softly to the $43K support. Nonetheless, BTC has since rebounded near the $44K level as it currently trades around the $43.7K axis.

Notably, this rally comes after a solid double bottom pattern around the $34K support over the past weeks. With the prevailing market conditions, I expect to see additional bullish rallies into the $45.6K – $44.6K pivot area in the coming hours and days.

Meanwhile, my resistance levels are at $44,000, $45,000, and $46,000, and my key support levels are at $43,000, $42,000, and $41,000.

Total Market Capitalization: $1.92 trillion

Bitcoin Market Capitalization: $825.8 billion

Bitcoin Dominance: 43%

Market Rank: #1