Cointelegraph By Rakesh Upadhyay

Bitcoin and many altcoins are carving out bottoming patterns as sentiment across the crypto and equities markets continues to improve. Source: Coin telegraph bitcoin

After Aug. 10’s neutral CPI print, Bitcoin and altcoins are attempting to flip stiff overhead resistance levels to support in order to prepare for the next leg up. Source: Coin telegraph bitcoin

Bitcoin price aims to break from its current range and flip $24,000 to support, while altcoins are following the upside move by attempting to confirm their bottoming patterns. Source: Coin telegraph bitcoin

Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668. Source: Coin telegraph bitcoin

Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move. Source: Coin telegraph bitcoin

Bitcoin and most major altcoins are witnessing buying near strong support levels, indicating a bullish sentiment. Source: Coin telegraph bitcoin

Bitcoin and most major altcoins have been rejected by resistance, hinting at a few more days of consolidation. Source: Coin telegraph bitcoin

Consolidation from BTC has opened the door for BNB, UNI, FIL and THETA to run higher. Source: Coin telegraph bitcoin

Bitcoin price has hit resistance at the $24,000 level, resulting in a slight pullback in select altcoins. Is the rally over? Source: Coin telegraph bitcoin

Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally? Source: Coin telegraph bitcoin