Rakesh Upadhyay

Bitcoin and most major altcoins are sustaining above their immediate support levels, increasing the possibility that the uptrend will resume.

Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher.

Bitcoin price could achieve a new 2020 high if bulls hold the price above the key multi-year resistance at $11.5K.

Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend.

Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move.

Traders are attempting to kickstart a new trending move in Bitcoin and altcoins by attacking overhead resistance levels.

Bitcoin could consolidate for a few more days but select altcoins have formed reversal patterns that may lead to a trending move.

The bulls are buying the dips in Bitcoin and a few altcoins, suggesting that investor sentiment remains positive.

Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon.

Bitcoin and altcoins may hit a few roadblocks in the short-term as they near stiff overhead resistance levels, but the overall trajectory remains bullish.

The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days.

Bitcoin and altcoins rebounded off their critical support levels, possibly creating a path to a new bullish uptrend.

Bitcoin and altcoins are at risk of a deeper correction if they do not rise above their immediate resistance levels soon.

The market has taken a bearish turn and Bitcoin and altcoins will need strong relief rallies in order to restore their uptrends.

As Bitcoin attempts to find a bottom, altcoins continue to decline, opening up opportunities on the long and short side.

Bitcoin and altcoins are facing selling near key resistance levels, but for now the possibility of a sharp fall remains low.

Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market.

Bitcoin and several altcoins are trying to break out of their respective overhead resistance levels in order to restore bullish momentum.

Bitcoin remains stuck in a tightening range but select altcoins may begin moving higher if they bounce off their key support levels.

Although Bitcoin price is range-bound, a few altcoins have started a relief rally which could push them above key resistance levels.

If the bulls can find momentum from the current bounce in Bitcoin and altcoins a short-term bottom may be in place.

Bitcoin and altcoins could consolidate in a tight range for a few days before making the next decisive move.

A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall.

A dead cat bounce from Bitcoin and altcoins’ critical support levels may attract further selling that could result in lower levels over the next few days.

If the bearish patterns on Bitcoin and altcoins complete the current correction could see prices drop to new lows.

Bitcoin and altcoins have bounced off their range lows, but they are likely to encounter resistance at higher levels.

Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move.

Bitcoin and altcoins are holding key support levels, suggesting bulls will try to break above overhead resistance levels soon.

Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance.

The bulls are aggressively defending the 20-day EMA in Bitcoin and select altcoins, which could result in the resumption of the uptrend.