Bitcoin falls below $80K — Will PI, OKB, GT and ATOM outperform BTC and altcoins?
Bitcoin has shown signs of decoupling from the US stock markets, remaining relatively flat as the S&P 500 fell 9% due to escalating trade tensions. Though Bitcoin showcases short-term resilience, traders should exercise caution pending further macroeconomic clarity. Key resistance levels for Bitcoin are noted: a break above $89,000 could lead to a rally toward $100,000, whereas support at $80,000 is critical, with potential declines to $76,606 and $73,777 if breached. Altcoins like Pi Network, OKB, GateToken, and Cosmos display varying strength. Pi Network faces significant selling resistance at $0.85, with critical support at $0.40. OKB has broken short-term resistance, possibly pushing toward $64 if momentum continues. GateToken is at a key support level around $22.05, while Cosmos is struggling to maintain above $5.15. Overall, cautious optimism remains as market conditions unfold.
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