Alts will get confidence when btc stays above $100k probabl | CRYPTO MECHANIC on Binance Square

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CRYPTO MECHANIC

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Alts will  get confidence when btc stays above $100k probably break above last high. $104k ish.

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BTC

97,460

+2.66%

10k

0

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Bitcoin mined in the past 2 weeks: 6,300 Bitcoin bought by ETFs in the past 2 weeks: 51,800

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The kind of drops we see these days, No bounces at all. Doesn't even allow anyone to take exit. BRUTAL

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$VIRTUAL Broke 4hr bullish structure. As long as price hold below $1.620 i think its in for a pullback. Might give some small tf mini bounces but $1.620 will be a key in my opinion.

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Quite confusing situation right now Alts are not ready to show any strength while Bitcoin sitting at $94k. Think the market is setting up for a big move. Don't want to guess which way but the volatility is ahead of Us. Maybe tomorrow post FOMC.

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Each time the bounce is getting weaker on $PENGU

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