At the moment, BTC is showing some stability as it is trading above a key support level. Interestingly, when major digital assets took the downtrend, smaller-cap Altcoins saw bullish price action.
BTC/USD Daily Chart
Altcoins Surge: DeFi Eating Bitcoin’s Lunch!
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On the flip side, he sees that if BTC loses this key support, it may lead up to a decline as low as $9,900 in the days and weeks ahead.