Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.
- Price Analysis16521
- Price Analysis
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.
31630 - Price Analysis
Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally.
50382 - Price Analysis
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.
33054 - Price Analysis
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices.
36145 - Price Analysis
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.
37646 - Price Analysis
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.
30536 - Price Analysis
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.
31349 - Price Analysis
Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced.
34485 - Price Analysis
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.
27772 - Price Analysis
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.
30093 - Price Analysis
Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking.
47940 - Price Analysis
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.
32880 - Price Analysis
Bitcoin’s quick dip below $44,000 sent altcoin prices into a freefall and has some traders worried that the correction could deepen.
39178 - Price Analysis
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.
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