Will BTC’s Next Move Decide the Fate of Altcoins Like INIT?
Post:
Bitcoin (BTC) is currently trading near $94,000, showing signs of consolidation after recent volatility. With a key resistance at $100K and support around $92K, traders are watching closely for the next breakout.
But here's the big question —
If BTC goes down, altcoins follow?
Historically, Bitcoin sets the tone for the entire market. When BTC drops, most altcoins — especially low-cap ones like INIT — tend to follow due to overall market sentiment. We're already seeing early signs: as BTC fell slightly, INIT dipped over 4%.
However, if BTC manages to reclaim momentum and push above $97K–$100K, it could bring a wave of confidence back into altcoins. In that case, INIT may have a chance to recover toward its recent highs of $0.90+.
Keep an eye on BTC dominance and volume — the altcoin season depends on it!
Do you think Bitcoin will bounce back this week, or are we heading for another dip?
#BTC #Altcoins #BitcoinPrediction #CryptoMarket #INIT
Would you like me to design an image or infographic to go with the post?