Bitcoin is currently undergoing a correction phase, trading around $63.0K after a week of notable fluctuations. With a 7% decrease in the last 24 hours and a 12% decline over the past week, this correction is considered healthy. There's speculation that $BTC might even dropย ๐Ÿ“‰ to $50k, although I anticipate a rebound to $72k in the near future, possibly within this week.

Interestingly, as $BTC experiences this correction, altcoins are experiencing significant downturns. This trend can be attributed to the surge in Bitcoin's dominance, which has risen to 52.5% from 50.2%. However, once Bitcoin stabilizes within the mentioned price range, we can expect to witness a surge in altcoin prices. ๐Ÿ“ˆ๐Ÿ’ฐ

In the days ahead, we anticipate a substantial rally in altcoins. Many are currently experiencing declines ranging from 10% to 50%, presenting an attractive buying opportunity. Generally, alt coins with strong fundamentals and the most popular ones also are expected to perform the best. Specific coins such as $AGIX, $RNDR, $FET, $NEAR, $TAO, $GRT, $THETA, $ROSE, and $ARKM, alongside others like $SLP, $AXS, $IMX, $GALA, $SAND, $MANA, $BOME, $PEPE, $SHIB, and $ETHFI, hold potential for significant gains. ๐Ÿš€๐Ÿ’ก

What are your thoughts on this?๐Ÿค”

#Altcoins #CryptoNews๐Ÿš€๐Ÿ”ฅ #ETHFI #HotTrends #FOMOalert