Bitcoin Falls Below $62,000 As Consolidation Continues, But Traders Eye Possible Parabolic Rally

“Altcoin investors need to keep the faith. It’s hard there, but the underperformance of alts vs. bitcoin has been difficult,” ByteTree founder Charlie Morris wrote in the report. “The good news is that positioning is easy, and so when the good times return, there is the potential for another strong altcoin rally.”