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12/9/2024 8:26:00 AM

Potential Bitcoin Breakout or Correction and Its Impact on Altcoins

Potential Bitcoin Breakout or Correction and Its Impact on Altcoins

According to CryptoMichNL, Bitcoin's next move is uncertain, but there is a potential bearish divergence that traders should watch for. If Bitcoin can break above $102,000, it could rise to the $110,000-$120,000 range. However, if Bitcoin corrects, a flash crash in altcoins could occur, potentially leading to an altseason thereafter.

Source

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast