More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.
Bitcoin price continues to meet resistance at $19,500, a signal that further sideways action in BTC and altcoins is on the cards.
Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move.
Bitcoin broke out to secure a new 2020 high at $19,863 and altcoins look ready to follow BTC higher.
Bitcoin’s recent correction is healthy, but several altcoins have lost momentum and could remain range-bound for a few days.
Bitcoin could consolidate for a few more days as the action shifts to Ether, XRP and other large-cap altcoins.
Bitcoin’s sharp bounce off the intraday lows today indicates a possible move to all-time highs and select altcoins may join the party.
Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit.
Bitcoin has resumed its journey toward a new all-time high, and the renewed bullish momentum is pulling altcoin prices higher.
A few altcoins are trying to start a new up-move even though Bitcoin is struggling to pull above $16,300.