Bitcoin Range Low Holds Firm Amid Altcoin Momentum
Bitcoin has stabilized at its current range low, according to Michael van de Poppe. This could indicate that a deeper decline may be less likely for now.
Van de Poppe also pointed out that several altcoins are gaining momentum and showing signs of upward movement.
To further progress beyond the current level, Bitcoin will need to reclaim $78,000, as van de Poppe noted.