Bitcoin bulls retain control over the market, but charts show $80,000 is likely to remain a stiff overhead resistance. Will altcoins rally as BTC price consolidates?
Key points:
Buyers aggressively bought into the dip in Bitcoin, indicating positive sentiment. That increases the possibility of a rally to $84,000.
Several major altcoins have pulled back to their support levels, signaling that the bears remain sellers on rallies.
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