Technical charts show Bitcoin and altcoins consolidating as part of establishing a new price floor after last week’s sharp sell-off. As a range is determined, willTechnical charts show Bitcoin and altcoins consolidating as part of establishing a new price floor after last week’s sharp sell-off. As a range is determined, will
Technical charts show Bitcoin and altcoins consolidating as part of establishing a new price floor after last week’s sharp sell-off. As a range is determined, will bulls or bears establish dominance?
Key points:
Bitcoin spot selling keeps a $60,000 retest open as a short-term outcome.
Several major altcoins risk resuming the downtrend, indicating a negative investor outlook.
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