Altcoin prices can benefit indirectly

When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.

The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.

The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including  #SOL , #ADA , #MATIC

projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.

#Bitcoin crossed the 65,000 mark, but many altcoins have not grown much, and most have now reached the resistance level.

#LINA has reached the resistance level of $0.006410 - $0.006960 in the 4-hour time frame. If it can not break this level, the possibility of falling again to the support level of $0.004240 - $0.004600 is very high.

The general trend of the market has improved a little, although Bitcoin has seen a good growth, but Lina has not yet grown much, and we have to wait for the resistance to break.

#Bitcoin is now falling again after reaching the previously defined territory.

In the 4-hour time frame, a downward harmonic pattern has formed on the chart, and the price started to decrease after facing the resistance of $68,300 and has reached the small support level of $62,845 - $63,920.
If the current level is broken by increasing selling pressure, the price may return to the previous bottom of $53,530.

#Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530.
The fall has been stronger than before, and the previous support level has also been broken. The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand.

In the current situation, it is better to stay away from trading and value your capital.

#Bitcoin recovered well and is now trading above $60,000.
The previous dynamic resistance has now turned into dynamic support and caused about 20 price reversals.
Now, the level of #62845.00 - #63920.00 is the first resistance to continue growth and reach 74 thousand dollars. At first, it is expected that the necessary liquidity will be provided for both specified resistances, and after a little rest and collecting the necessary liquidity, the price will continue to grow.

After failing to break the resistance level of $62840-$63920 , #Bitcoin corrected a little and now, after forming the triangle pattern, it is ready to test this resistance level. It seems that due to the collection of necessary liquidity, the price can cross the resistance level this time.

If the price cannot cross the resistance again, it may move between $58,000 and $62,000 for a while.

#Bitcoin began to pump after Jerome Powell's speech and the possibility of interest rate cuts.

First of all, I must say that we must always keep up with the news and new events in the market, and all the analyses will never be correct; otherwise, there is no need for capital management.
Bitcoin seems to have managed to break the Resistance zone ($63000 -$64000) .