Bitcoin bulls have held the price above the critical $100,000 support level, but a shallow bounce increases the risk of a breakdown. Will altcoins gain ground while BTC searches for direction?
Key points:
Bitcoin has remained above the $100,000 level on a closing basis, but the risk of a breakdown remains until the price rises above $108,000.
Several major altcoins are holding onto their support levels, but a weak bounce heightens the risk of a breakdown.
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