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Altcoins are beginning to wake up after months of brutal underperformance, but traders remain divided on whether the move marks the start of a broader bull cycle or just another bear market rally.
Bitcoin Controls Everything
In a podcast on May 9, expert trader DonAlt highlighted that several major altcoins and newer high-beta names are showing improving technical structures as Bitcoin (CRYPTO: BTC) stabilizes above key support levels.
Bitcoin breaking resistance for the first time since the cycle top represents an important “change in character” for the market.
He identified $78,000 as key near-term bullish support, $72,000 as the broader “line …


