Bitcoin ‘Breaks From The Crypto Ecosystem’ – Why This Altseason Will Be Different?

Quick Summary:

Bitcoin has experienced a few days of ranging price action following its recent drop from $99K to $90K.

The price is now holding above the $95K level, and this area is crucial in determining whether BTC will continue its ascent toward the $100K mark or retrace to find liquidity in lower levels.

This shift could make it harder for BTC to maintain its historical correlation with altcoins, suggesting that altcoin rallies may be more fragmented and unpredictable this time around.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Bitcoin ATH BTCUSDT Btc Crypto ecosystem Bitcoin Bitcoin cryptocurrency Bitcoin news Bitcoin News Bitcoin Break Bitcoin Bull Run

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 01:30:50 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 637 words

Reading Time: 4 minutes read

Sentences: 54 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24108060

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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