Bitcoin Range Could Yield Altcoin Bounce

BTC/USDT,  4h Bullish

Bitcoin started the week inside of a range, and have already cleared the topside and bottom side liquidity just outside this range. I am looking for Bitcoin to now continue back in this range, which could give some short term market relief.

Additionally, several altcoins are retesting 4-6hr support levels which are the best candidates for a price bounce given BTC being at the lower end of it’s current range.

There are many examples of this out there in the market, but I am only providing AVAX (Above) and XRP (below) as examples to get this post out.

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