Author: Cointelegraph By Rakesh Upadhyay

BTC and altcoins flashed a few bullish signals today, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin. Source link

BTC’s attempt to reclaim $40,000 was thwarted by bears, but any consolidation within the current range could benefit small and large-cap altcoins. Source link

BTC continues to lose ground, but if the $40,000 level is reclaimed, LEO, MANA, KLAY and XTZ could be the first to recover. Source link

BTC is struggling to hold on to the $40,000 level, but a few analysts say cryptocurrencies might decouple from equities in the coming months. Source link

BTC price is faltering right at the 61.8% Fibonacci Retracement level, triggering a slight pullback in altcoins and sapping the momentum out of this week’s initial breakout to $45,000. Source link

BTC price continues to consolidate, a process which gives altcoin traders the opportunity to range trade and secure short-term gains. Source link

Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective. On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader Credible Crypto citing data from PlanC said…
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Bitcoin (BTC) has recovered close to $44,000, indicating that the downtrend could be coming to an end. However, the price may not rally to the all-time high in a straight line. This means bulls are likely to face several hurdles in-between and the price action may remain volatile. JPMorgan analysts said in a recent investor…
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BTC’s attempt to flip $42,000 to support could pull altcoin traders into ETH, NEAR, MANA and LEO. Source link

BTC is attempting to form a bottom while LINK, HNT, FLOW and ONE are showing early signs of accumulation. Source link