The rally in altcoins is likely to continue if Bitcoin holds at its current levels but a breakdown below $9,000 could lead to aggressive profit booking by altcoin traders.
As Bitcoin corrected on July 9, altcoin prices dropped but many are holding above their support levels, suggesting the uptrend will resume.
Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins.
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal.
Bitcoin and most altcoins are witnessing selling at every minor rally, increasing the possibility of a dip in the short-term.
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.
Popular traders and youtubers Benjamin Cowen and Tyler D. Coates discuss long-term trading strategies and how to take profit from major trends in the crypto market.
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips.
Bitcoin’s price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins.
Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover.