BITCOIN(BTC) price appears to have entered the weekend on a good foot after a relatively uneventful Friday saw the price continue to fluctuate between $10,200-$10,400.

At the time of writing the daily chart shows the top ranked digital asset tightening into a pennant at $9,83B BTC has etched a pattern of higher lows which have now pinched the price into a tighter range.

while trading volume still leaves a lot to be desired, the moving average convergence divergence indicator shows the MACD pulling closer to the signal line and the shorter bars on the histogram indicate that selling is slowing down.

Encouragement..RSI..

While encouraging, RSI remains below the midline and eventhough BTC is now above the 100-MA a breakthrough the pennant to flip $10.5K to support is still the next step traders are looking for.

As mentioned in the previous analysis, if the price can push though $10.5K, bulls will attempt to exploit the VPVR gap from $10,500-$11000 but it's likely that 20-MA($10,900) will act as resistance before moving towards $11,300.

While BTC price continues to consolidate toward a more decisive move✔️, Altcoins moved to a higher to test key resistance levels just at a week prior were strong supports.

YFI. Was a top performer rallying 22.5% to $38,333. Binance coin gained 11.30% and Ontology moved to 13.19% higher.

As it stands now, Bitcoin's dominance index is currently at 56.8%..

Good news for BTC.