Bitcoin & Altcoin Market Showing Strength Amid Stock Market Rebo

📈 Market Overview:

• Bitcoin is showing signs of renewed strength and is currently trading above $88,000.
  
• The Russell 2000 is leading the stock market rally, up over 2%, historically correlated with BTC.
  
• Bitcoin’s recent low came with bullish indicators, including RSI and MACD curling upward.
  

📊 Key Technical Levels:

• BTC Dominance: Watching for a rejection at the 0.702 Fibonacci retracement level, signaling capital rotation into altcoins.
  
• Support Levels: Holding above 200-week MA confirms bullish momentum.
  
• Resistance Levels: The psychological barrier at $100,000 remains a key target.
  

🚀 Altcoin Market Outlook:

• XRP remains stable at ~$0.246–$0.247, with potential for a breakout.
  
• Altcoins could see a strong rally once BTC dominance starts to decline.
  

🔍 Final Thoughts:

• Bitcoin appears to be in a grinding phase, climbing the “wall of worry” before major FOMO kicks in.
  
• The current price action aligns with past range-bound consolidations, often unpredictable but bullish in structure.
  
• Momentum favors the bulls, but expect volatility—just remember, choppy action is part of the process.
  

📢 Stay patient & follow the trend! Are you bullish or bearish? Drop your thoughts below! 🚀📉