Potential Bitcoin Breakout or Correction and Its Impact on Altcoins | Flash News Detail | Blockchain.News

Potential Bitcoin Breakout or Correction and Its Impact on Altcoins

12/9/2024 8:26:00 AM

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)

Bitcoin Altcoins bearish divergence altseason

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast