It is hard to tell if the crypto market is done correcting and whether the current pullback is temporary. Bitcoin’s rise above $43,000 on Tuesday, saw investor optimism improve significantly. Crypto to buy like Solana (SOL) flipped bullish in tandem, climbing to $100. XRP and Shiba Inu (SHIB) achieved modest gains before another bearish wave started slashing the same gains.
Investors looking forward to building a crypto portfolio must consider adjusting their portfolios to include tokens with a history or performing better. However, some relatively newer tokens have also returned handsome gains — the likes of SEI and SUI.
According to analysts at Rekt Capital, Bitcoin price recently corrected from a lower high, implying the potential to resume the uptrend. The post on X added that before the rally, BTC was “still going to be range-bound for the foreseeable future.”
#BTC
Bitcoin has indeed formed that Lower High
Still going to be range-bound for the foreseeable future$BTC #
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