These 10 Altcoin Charts Are Showing Strength

... buy into strength and avoid weakness.

Author

Markus Thielen
December 11, 2024

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👇1-13) Bitcoin broke out of the $94,500/$98,000 range as the U.S. inflation data came in line. Prices for used cars were only moderately higher, while owners' equivalent rent was only 0.2% (vs. 0.4% the previous month). This points towards some mild improvement, and the derivatives markets indicate an 86% chance of a 25 basis point rate cut next week.

BTC-USDT break above the narrow (purple) range

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