Bitcoin bulls are trying to push the price back above $110,530, but bears continue to sell breakouts and the range highs. Will altcoins catch a bounce?
Key points:
Bitcoin bulls will have to quickly push the price back above the 20-day EMA to prevent a collapse to $105,000.
The shallow pullback in select altcoins suggests that the investors are not hurrying to sell them as they anticipate the up move to continue.
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