$BTC 🚨 The cryptocurrency market on edge – major movements coming this week!
After last Friday's decline, cryptocurrency investors are feeling fear – but the fundamentals paint a different picture. Despite the volatility, signs indicate a bullish setup for next week. Bitcoin recently touched new all-time highs near $112,000, before dropping about 3.5%, pulling altcoins down with it. But don't be fooled – this was not a reversal in trend. It was a liquidation, shedding excess leverage while major players quietly accumulated more BTC.
✅ What is driving the market?
Bitcoin ($BTC) rose to around $112K, then corrected to $105K – a moderate drop of 5.2%. This movement liquidated high-risk positions, not whale holdings. It’s a healthy market reset, alleviating greed and paving the way for the next upward phase.
The amount of M2 money supply continues to expand, fueling liquidity across the markets. As more cash enters the system, Bitcoin remains the main beneficiary.
With confidence returning, altcoins are expected to bounce back, following Bitcoin's upward momentum.
✅ Altcoins and meme coins to watch
Top-tier projects: Ethereum ($ETH), Binance Coin (BNB), Solana, and Cardano (ADA) are ready to recover after the decline.
Rising stars: Whif