Bitcoin is now officially closed below the 200 weekly moving average for the first time since the last bear market. That is a significant level and history is clear about what it has meant every time it happened before. It was not a bottom signal but it was always a buying opportunity for long-term holders who understood where they were in the cycle.
The summer seasonality is playing out as expected as well. June has been rough, July tends to be more bullish historically, and then August and September can get ugly again. That window between now and October is still the plan. Cash is still being held in reserve for lower levels and the accumulation strategy has not changed.
For altcoins the market remains quiet and selective. Most coins are not worth touching right now. But a handful are holding their key levels, following clean trends and setting up trades with defined risk and clear targets. One new position was added to the portfolio this week and this report covers exactly why.
There are also some interesting moves in tech stocks this week that are worth paying attention to. Meta had an impressive day and the broader picture for a few names on the watchlist is getting more compelling as prices pull back.
The Top Altcoin Playbook does not chase recoveries. It tracks strength. And in a quiet summer market, patience and precision are the only two things that matter.
Subscribe now and see exactly what made the cut this week.
P.S.: I built an AI tool, Pinfolio, that analyses stocks for you in seconds. Earnings, valuations, and the levels worth buying at, all in one place. Now live on the new eToro App Store.
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Bitcoin ($BTC)
Key Levels to Watch:
Support: $60K, $55k, $45k
Resistance: $67K , $72K
Ethereum ($ETH)
Key Levels to Watch:
Support: $1550
Resistance: $2000
Next, we’ll dive into trade setups for 10 select Top Altcoins (Premium Video).
