As previously said, there is a chance of a transitory rising wave up to the $22,000 range based on the Bitcoin analysis. In this case, because BTC.D is also strongly backed, BTC.D will most likely rise, and such altcoin growth should not be anticipated in Week 7 Altcoins Analysis.
On the other hand, most altcoins are located in their resistance zones. And they will probably fluctuate in these areas at Week 7 Altcoins Analysis and make their main corrections with the next decline of Bitcoin.
According to Bitcoin's movement, in Week 11 Altcoins Analysis, altcoins will briefly rise to the Fibonacci area of 0.236 for the correction of the return wave before the slide resumes. Which altcoins will have a stronger association with Bitcoin? It depends on the...
According to the previous week's analysis, in Week 11 BTC Bitcoin Analysis Bitcoin has corrected to the $20,000 range. Although many experts attribute this correction to the events at SVB Bank and the consequent depegging of stablecoins, this correction was perfectly...
Naturally, the altcoins that have grown more lately will see more corrections as a result of the correction that began with Bitcoin. On the other hand, the expansion of BTC.D is a contributing factor to this problem and will put selling pressure on the evolution....
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