Bitcoin rose for the sixth day in a row on Thursday, reaching over $62,000 for the first time since November 2021, boosted by flows into new US spot bitcoin exchange-traded funds and ahead of the next halving in April.
Top Best Bet Altcoins
AVAX (Avalanche): AVAX has shown upward momentum, currently trading around $17.60. The recent surge suggests bullish sentiment, with the next potential target at approximately $17.90. Traders should consider waiting for a potential retracement to around $17.00 before considering entry.
MATIC (Polygon): MATIC is currently hovering around $14.75, with a key resistance level at $14.90. While indicators suggest favorable conditions, the recent rejection near $16.00 warrants a cautious approach.
GRT (The Graph): The Graph is trading at approximately 30.8 cents, with resistance levels at 30.8 cents and 31.6 cents. While price action has been positive, a bearish divergence on the daily chart suggests a degree of caution.
DOT (Polkadot): DOT has recently broken resistance and is trading around $8.76, with a target of $9.67. Despite bullish indicators, traders should exercise caution due to potential overextension. Consider waiting for a retracement to around $7.91.
LDO (Lido): LDO is profitable, trading around $3.62. However, traders should note a bearish divergence on the daily chart, indicating potential downside risk. A critical support level to monitor is around $3.47.
TIA (Celestia): TIA has broken out above $17.61, with potential upside targets around $22.80. Whilep indicators suggest bullish momentum, caution is advised due to potential overextension.
