🚨🚨 Altcoins Jumped Suddenly – BTC $118K: Breakout or Trap? 🔥🏹🚀 (Uptober)
Bitcoin has blasted past $118,000 (+4.5%) as U.S. shutdown fears fade and Uptober FOMO kicks in. Liquidations hit $604M (mostly shorts), fueling alt pumps:
DASH +39%
XVG +25%
SCRT +24%
🔑 Technicals
Key resistance $118K broken
MACD bullish crossover
RSI rising (not yet overbought)
Open interest ballooning
A daily close above $118K opens the door to $128K–$148K fast. But beware: without confirmation, this could be a bull trap.
👉 If confirmed: alts could run 3–5x into Q4.
👉 If rejected: expect dips to $115K as reload zones.
Stay sharp—crypto’s favorite game is fakeouts before liftoffs.
