BTC holding at the $40k-$1k trendline shows its a strong level. Right now, we're in an accumulation phase for BTC which means periods of gains and losses for smaller alts (maybe except FTM and LUNA because of ecosystem growth).
If BTC breaks below the support, we're headed down to $30k range.
If BTC breaks below the support, we're headed down to $30k range.
Comment:
We've broken below support. Headed down to $33k.