Despite Today’s Surge, Bitcoin May Be in For Some Sideways Trading; Will Altcoins Start Running?

Bitcoin investors who grew fearful after yesterday’s 20%+ drop were pleasantly surprised today after BTC continued its upwards momentum and climbed back into the $12,000 region. This surge signals that the crypto’s bulls are not yet ready to surrender their control.

Despite this, analysts are still weary of today’s surge, and are now noting that Bitcoin may be in for an extended period of sideways trading. But will this potential bout of sideways trading give altcoins a chance to...

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