Rakesh Upadhyay

Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.

Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC.

Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR.

Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally.

Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.

Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices.

Bitcoin’s strong recovery to $49,000 has boosted bullish sentiment and it may provide further incentive for LUNA, ATOM, XTZ and AXS to rally in the short term.

Historical data suggests that October is a good month for Bitcoin bulls, and the push above $47,600 on Oct.1 could be a signal of what's to come for BTC and altcoins.

A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins.

Bitcoin and most major altcoins have recovered from last week’s sell-off, but they are still facing selling at higher levels, suggesting that the market could remain range-bound for a few days.

Bears continue to pressure BTC price but any signs of consolidation could lead to a breakout in AVAX. ALGO, XTZ, and EGLD.

Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced.

Positive news about China’s Evergrande meltdown and the Fed’s intent to continue its current monetary policy catalyzed a strong recovery in the price of Bitcoin and altcoins.

Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.

Bitcoin price is struggling to flip $48,000 to support, but the steady protocol developments taking place in DeFi projects could lead to further upside from DOT, LUNA, ATOM and FTT.

Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking.

Buyers continue to scoop up Bitcoin and altcoins on dips, a signal that there is strong demand at lower levels and that bullish momentum is building.

Bitcoin’s quick dip below $44,000 sent altcoin prices into a freefall and has some traders worried that the correction could deepen.

While Bitcoin price is fighting to hold above the 200-day SMA, ALGO, ATOM, XTZ, and EGLD continue to march higher.

Altcoins are still flashing bullish signals but Bitcoin’s steady slide toward its swing low could put a damper on the market’s positive sentiment.

BTC and most altcoins are attempting to capitalize on the market-wide oversold bounce of Sept. 8, but the recovery could be thwarted by sell pressure at overhead resistance levels.

If bulls flip $52,000 to support, Bitcoin could see a substantial breakout that is likely to pull more buyers into select altcoins.

BTC bulls are still trying to flip $50,000 to support and if this occurs LTC, FIL, FTT and MIOTA could rally higher.

Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades.

This week’s sharp rally in Bitcoin and Ether signals that bulls are back in control and altcoins are likely to follow.

Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback.

Bitcoin price continues to press higher within its range and altcoins broke out after ETH rose above a key resistance level.

Bitcoin and select major altcoins are still facing selling at overhead resistance levels, indicating that the next leg of the uptrend may have to wait.

Bitcoin’s consolidation near $50,000 reflects a steady market, and this could attract buyers to altcoins like ADA, LUNA, VET and XTZ.

Bitcoin and altcoins saw a strong bounce off their respective support levels, a sign that traders are still buying on dips.