The bullish price action from ETH, BNB, DOT and EOS show that altcoins have capitalized on Bitcoin’s range-bound trading below the $60,000 level.
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The bullish price action from ETH, BNB, DOT and EOS show that altcoins have capitalized on Bitcoin’s range-bound trading below the $60,000 level.
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Select altcoins could rally higher if Bitcoin and Ethereum hold on to their recent gains.
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Bitcoin price might be pinned below $60,000, but that’s not stopping THORChain, Akropolis and Helium from chasing after new all-time highs.
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Bitcoin’s recovery from its recent lows and the stellar performance from altcoins signal that bulls are confident BTC will retest its all-time high.
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Surprise NFT drops, new partnerships and sticking to the project development roadmap are the primary factors behind the rally in Holo, Origin Protocol and Wanchain.
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Bitcoin’s renewed push above the descending channel trendline suggests bulls are preparing to push BTC and altcoins to new highs.
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Bitcoin appears to be preparing for a move toward $60,000, while KLAY, VET, SOL and KSM are attempting to find bullish momentum.
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Bitcoin price bounced off the 50-day moving average but the real test is near $57,500 where the bears are likely to push back.
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Bitcoin has fallen through its recent support at $53,000 as volatility picks up before a record options expiry event.
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Bitcoin price is still meeting strong sell pressure near a key trendline, indicating the possibility of further downside for BTC and altcoins in the coming days.
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