Will a New Attack Come in BTC?
Bitcoin broke through the previous ATH level of $109K and rose as high as $112K before retreating to $107K. This correction is technically positive as the broken resistance now becomes support. The 34-week EMA ($87.938) is still bullish.
Meanwhile, altcoins are slow with low volume. Market structure continues to favor BTC. A clear break of the TOTAL chart level is a must for altcoins to gain strength.
