A Bitcoin daily candlestick close above $76,000 would complete a bullish trend reversal and shift the bulls’ short-term price target to $84,000. Will altcoins follow the rally?
Key points:
Bitcoin’s shallow pullback from the $76,000 resistance suggests that buyers are holding onto their positions, expecting the recovery to continue.
Select major altcoins are showing strength and are expected to break above their overhead resistance levels.
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