Is Bitcoin Giving an Opportunity for the Altcoins to Gain Traction?

coinpedia.org
4 min read
fairly difficult
The BTC price rally which had skyrocketed in the weekend is experiencing a heavy sell-out since the early trading hours...Altcoin season..
The bitcoin price rally is expected to resume with the end of the accumulation phase, which is approaching at lightning speed

A massive inflow of Bitcoin worth nearly $1.6 billion influx into the exchanges, probably as a result of Weak hands

Bitcoin Price Continues to Drop after Flipping!

Bitcoin which recently set off the milestone of becoming a trillion-dollar asset plunged subsequently after mountain topping above $58K levels. The BTC price rally which had skyrocketed in the weekend is experiencing a heavy sell-out since the early trading hours dragging the price below $56,500.

In the recent price movement, the bitcoin price has broken the bottom layer of the channel, in which it was trending for a couple of days. With the breakdown, the BTC price is expected to drop further until a boost to bounce back as predicted by an analyst,…
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