Bitcoin Crushed Top 100 Altcoins Since 2020, But Charts Indicate More Pain by July

BTC

BTC/USDT

$63,053.27

-0.04%

$63,053.27

-0.04%

(24s)

24h Volume

$2,468,497,651.99

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,094.00

▲ 0.01%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,322.29

Resistance 1$63,626.50

Price$63,094.00

Support 1$62,999.35

Support 2$61,363.17

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

BeInCrypto Editorial

(10:30 PM UTC)

1 min read

Verified bySarah Chen

0 comments

Bitcoin (BTC) has beaten nearly all of the top 100 altcoins since 2020, and chart data now points to almost 50% more downside for the broad altcoin market.

The total altcoin market cap, tracked as TOTAL2, trades near $864 billion after a steep weekly drop. Two charts explain why the pressure could continue.