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Bitcoin’s reaction to this key level could determine whether “altseason” continues Bitcoin’s reaction to this key level could determine whether “altseason” continues
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Bitcoin’s reaction to this key level could determine whether “altseason” continues

Bitcoin (BTC) has led the crypto markets to see some intense bearishness over the past couple of days, with its recent drop below $10,000 leading many of the altcoins that were previously caught within intense uptrends to see sizeable retraces.

Bitcoin’s reaction to this key level could determine whether “altseason” continues

Cover art/illustration via CryptoSlate

Bitcoin (BTC) has led the crypto markets to see some intense bearishness over the past couple of days, with its recent drop below $10,000 leading many of the altcoins that were previously caught within intense uptrends to see sizeable retraces.

In spite of the conspicuous bearishness stemming from the market-wide downtrend seen over the past few days, it is important to note that Bitcoin is now approaching a key support level that could determine the fate of altcoins.

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