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5 altcoins that could breakout if Bitcoin price stays bullish

The cryptocurrency markets have made a strong comeback in the past few days. That drove the total crypto market capitalization to $995 billion on Jan. 14, according to...
5 altcoins that could breakout if Bitcoin price stays bullish © Reuters.
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The cryptocurrency markets have made a strong comeback in the past few days. That drove the total crypto market capitalization to $995 billion on Jan. 14, according to CoinMarketCap data. Bitcoin (BTC) led the recovery from the front and skyrocketed above $21,000 on Jan. 14.

After the sharp rally, the big question is whether the recovery is a dead cat bounce that is a selling opportunity, or is it the start of a new uptrend. It is difficult to predict with certainty if a macro bottom has been made but the charts suggest that a bottoming process has begun.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
LTC/USDT 4-hour chart. Source: TradingView
OKB/USDT daily chart. Source: TradingView
OKB/USDT 4-hour chart. Source: TradingView
BIT/USDT daily chart. Source: TradingView
BIT/USDT 4-hour chart. Source: TradingView
FTM/USDT daily chart. Source: TradingView
FTM/USDT 4-hour chart. Source: TradingView

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21-02-2024 04:18:49 (UTC+7)

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    USD/JPY 150.04 ↑ Buy  
    AUD/USD 0.6549 ↑ Sell  
    USD/CAD 1.3526 Buy  
    EUR/JPY 162.14 ↑ Sell  
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    Copper 3.8582 Neutral  
    Crude Oil WTI 77.14 ↑ Sell  
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    Allianz 249.40 Sell  
    Adidas 181.12 ↑ Buy  
    Lufthansa 7.339 ↑ Buy  
    Siemens AG 168.72 Neutral  
    Deutsche Bank AG 11.954 ↑ Sell  
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