Bitcoin can hold 58,000 and the decline of altcoins is limited
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🔹Reviews of Cognitive Society
On April 15, Bitcoin fell back to 61,500 and was close to the support level of 61,000 in the article of Cognitive Society.
Bitcoin held 58,300, and the decline of the altcoin was very limited. Yesterday, the article of Cognition Society made it clear that the strong rebound on April 15 was a rebound, not a reversal. On April 16, the altcoin hourly level bottomed out again.
Ethereum is the depth benchmark of the altcoins. If Ethereum does not break 2800, the decline of the altcoins will be limited.
Bitcoin's daily and weekly charts are weakening, and the apparent strong rebound hides the continuous decline of the rebound high.