*Bitcoin is showing a minor rebound of +0.7%, and altcoins are surging in response. ๐*
1. This kind of reaction usually occurs when Bitcoin is at a crucial level. ๐
2. For example, Bitcoin might be at the bottom or top of a channel, at a must-hold level, or at a spot where breaking through leads to a significant rise. ๐
3. Right now, Bitcoin seems to be bouncing back from the top of its channel, which is also a key support level. That's why altcoins are going wild with excitement. ๐ฅ
4. But ultimately, for altcoins to truly soar, Bitcoin needs to shoot up by about +10%. ๐จ
5. Conclusion: Bitcoin, let's hurry up and reach $74K! ๐ช
Good luck to all crypto investors! ๐