Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools đ€đ€
Bitcoin (BTC) bounced past $64,000 ahead of the April 28 weekly close as altcoins sought a recovery.
Altcoins set for boost on waning Tether đđ
dominanceData from Cointelegraph Markets Pro and TradingView tracked stronger BTC price momentum over the weekend.
After putting in weekly lows of $62,400, #BTC/USDT: reversed and managed to maintain higher ground, circling $63,500 at the time of writing.
Altcoins also performed well for âout-of-hoursâ trading, with the total altcoin market cap up around 1% on the day.
âAlts bounced very nicely but still have to break the trend of setting week highs around monday to tuesday,â popular trader Skew responded on X , referencing recent market patterns.
Skew nonetheless suspected that sell-side pressure would step in on Bitcoin around range highs, keeping bulls from advancing much higher....
