Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action. Bitcoin bounced past $64,000 ahead of the April 28 weekly close as altcoins sought a recovery. BTC/USD 1-hour chart. Source: TradingView Altcoins set for boost on waning Tether dominance Data and TradingView tracked stronger BTC…
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Bitcoin dominance charts moving sideways may be a reversal signal that could kick off altseason, say analysts. Crypto’s famed “altseason,” a time during bull markets when smaller-capitalization cryptocurrencies skyrocket in value, could be coming very soon, according to market analysts. On April 11, trader and analyst Rekt Capital observed that the altcoin market cap “has been the…
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