Why are altcoins moving so slowly, like a snail, while Bitcoin is soaring like a rocket? Why is this happening Bitcoin is reaching an all time high but altcoins are still at their all time lows?
Q2: If Bitcoin breaks down what will happen to altcoins while they are still at their lowest prices?
Ex: Last year, AXS was at $166 when Bitcoin reached $69,000. When Bitcoin dropped to $15,000, AXS crashed to $5. Now, Bitcoin is at $97,000, but AXS is still stuck at $5.
“We’re poised to break free from this triangle! Tomorrow holds the key – a rise to 71 would be a bullish sign, while a decline could lead us to 58 😁. Let’s await tomorrow’s verdict after the weekly close!”