Regardless of whether Bitcoin executes a bullish or bearish move, the analyst issued a warning regarding the broader market. During the weekend, most altcoins will not forge their own paths but will instead simply mirror the outcome of Bitcoin’s price action.
CryptoWzrd concluded the analysis by noting that the intraday chart activity had been “somewhat choppy” throughout the day, suggesting a lack of clear directional momentum in the short term. Despite this recent consolidation, the underlying expectation remains bullish.
