đBitcoin's recent correction has caused significant turmoil in the altcoin market. With BTC currently trading at $63.2K, there's anticipation for a potential drop to $62K, presenting a promising buying opportunity. Despite BTC's 7% decline over the past 24 hours and 12% drop over the week, many view this correction as healthy. While a crash to $50K wouldn't be surprising, there's optimism for BTC to rebound between $60K and $72K this week.
The surge in #BTC dominance, rising from 50.2% to 52.5%, is impacting altcoins, resulting in substantial sell-offs. However, once #BTC stabilizes within the aforementioned range, a bullish trend is expected in the altcoin market. This presents an opportune moment for investors to consider purchasing undervalued altcoins, particularly those in the AI sector like $AGIX , $RNDR , $FET , $TAO , $GRT , $THETA, $ROSE, $ARKM , alongside others such as $SLP, $AXS, $IMX, $GALA, $SAND, $MANA, $BOME, $PEPE, $SHIB, and $ETHFI. đŽ
