Bitcoin dropped below $ 80k – the PI, OKB, GT and Atom Outperform BTC and Altcoins?

Last week, the Bitcoin (Btc) began to show early signs of decay from US stock markets. Bitcoin was a bit flat on Sunday, while the S&P 500 fell 9%. The sell-off was triggered following the US President Donald Trump’s April 2 Global Tariff Announcement, which increased on April 4 as China retaliated with new tariffs on US goods. Although gold is not rescued and down 1.9% for the week.

Alpine Fox founder Mike Alfred has highlights an X post that a golden bull market is bullish for Bitcoin. In previous cycles, gold led to bitcoin in a moment, but eventually, bitcoin and grew 10 times or more in gold. He added that it would not be different at this time.

Although Bitcoin’s short -term outperformance is an encouraging sign, merchants should remain careful until further clarity appears on the macroeconomic front. If US stock markets have witnessed another sale, cryptocurrency markets can also be forced.

A number of altcoins show strength in charts, but waiting for general emotion to be bullish before jumping can be a better approach. If bitcoin destroys above its immediate objection, what are the leading cryptocurrencies that can follow it higher?

Bitcoin price analysis

The bitcoin bulls failed to push the price above the resistance line, but they didn’t know much about the bear. This indicates that the bulls maintain pressure.

The 20-day exponential transfer of the average ($ 84,241) is up, and the relative index index (RSI) is just under the midpoint, which sign a balance between supply and demand.

This advantage is to tilt in favor of the bulls at a break and close above the resistance line. There is a resistance to $ 89,000, but if the level is obtained, the BTC/USDT pair can climb to $ 100,000.

$ 80,000 is the important support to guard the downside. If this crack level, the pair could fall to $ 76,606 and then at $ 73,777.

The pair is combined -integrated between $ 81,000 and $ 88,500. The moving averages in the 4 -hour chart slipped marginally, and the RSI was just under the midpoint, which signed the continuation of the action bound in the near term.

If consumers push the price above $ 85,000, the pair can rally at $ 88,500. This level can attract the seller, but the pair can jump to $ 95,000 if the Bulls prevail.

Bears will return to the driver’s seat if the price breaks below $ 81,000 to $ 80,000 zone support. The pair can dump at $ 76,606.

PI network price assessment

The PI Network (PI) has been in a powerful downtrend since the top of $ 3 in February. 26. The Relief Rally on April 5 shows the first signs of purchase at a lower level.

Any recovery is expected to deal with the sale in the 20-day EMA (0.85), which remains the primary level of short-term to guard. If the PI/USDT pair does not give up a lot of soil from the 20-day EMA, this indicates that the bulls are holding their positions. It opens the doors for a rally above the 20-day EMA. The pair could jump at a 50% level of fibonacci retracement of $ 1.10 and beside 61.8% retracement level of $ 1.26.

The level of $ 0.40 is the critical support of the downside. A break and close to the bottom of $ 0.40 can sink the pair to $ 0.10.

The 4-hour chart shows that the Bears defends the 50-simple transfer of average, but a minor positive is the bulls trying to keep the pair above 20-eam. If the price scratches the 20-em, the Bulls will try to kick the pair above $ 0.80. If they do that, the pair can travel for $ 1.20.

Conversely, a break and close to the bottom of the 20-em suggest that the bears maintain pressure. The negative momentum can choose a break below $ 0.54. The pair can then re -retest the important support of $ 0.40.

OKB price analysis

Un (Un) turned sharp on April 4 and closed above the moving averages, indicating that the bulls were trying a return.

UP continues to move, and Bulls pushed the price above the short -term resistance to $ 54 on April 6. The OKB/USDT pair could reach the downward channel resistance line, which would likely attract sellers. If the price drops sharply and breaks down below $ 54, the pair can beoscillate inside the channel for a few days.

On the other hand, if consumers do not give up a lot of land from the resistance line, it increases the likelihood of a break above the channel. The pair can climb to $ 64 and then $ 68.

The pair will complete an inverted head-and-shoulders pattern at a break and near the top of the neckline. The upward move may face the sale in the resistance line, but with the decrease, if consumers will flip the neckline to support, it increases the likelihood of a rest above the resistance line. If that happens, the pair can start its march towards the target pattern of $ 70.

Sellers need to defend the neckline and quickly pull the price below the 20-em to avoid the rally. The pair can drop to 50-sma and thereafter at $ 45.

Related: Solana TVL hits the new high in Sol terms, Dex Volume show strength – will Sol Price react?

Gatetoken’s price assessment

Gatetoken (GT) finds support for 50-day SMA ($ 22.05) for a few days, which is an important level to watch.

The evil moving averages and the RSI under the mid -point does not provide a clear advantage either to bulls or bear. A break and close to the top of $ 23.18 can push the price to $ 24. It remains the main resistance to overhead for the Bears to defend because a rest above can catapult the GT/USDT pair for $ 26.

This positive view is not valid in the short term if the price is broken and maintained below the 50-day SMA. The pair could sink to $ 21.28 and then $ 20.79.

The pair turned away from the resistance line of the descending channel pattern, indicating the sale at rallies. The rest below the moving average suggests that the pair can stay inside the channel for a few hours.

Buyers get the upper hand at a break and near the top of the resistance line. Such a move suggests that the corrective phase may be completed. The pair can rally at $ 23.18 and then $ 24.

Cosmos price evaluation

Cosmos (Atom) is trying to build a bottom but faces sale at $ 5.15. A minor positive in favor of Bulls did not allow the price to break below the moving averages.

If the price is bouncing on moving averages with strength, it will signal the purchase of the dips. That improves prospects of a break above $ 5.15 resistance. If that happens, the atom/USDT pair can move forward to $ 6.50 and then $ 7.17.

In particular, a break and near the bottom of the moving averages suggest a possible range of range in the near term. The pair can bewing between $ 5.15 and $ 4.15 for a while. Sellers will return to command to a slide below $ 4.15.

The Bulls and the Bears witnessed a tough battle in the 20-eum in the 4-hour chart. If the price remains below the 20-EMA, the pair can leak to 50-day SMA and eventually to $ 4.15. It is expected that consumers will defend the level of $ 4.15.

Instead, if the price stays at the top of the 20-day EMA, it indicates solid demand at the lower level. Bulls will try to push the pair to $ 5.15. A break and near above this resistance can start a new move.

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.