Traders continue to sell the top of each rally, resulting in a sharp pullback in Bitcoin price and several major altcoins.

Bitcoin appears to be losing momentum and altcoins are stalling, but the fact that bulls are holding key support levels could signal that the rally will continue after a brief…

Bitcoin and altcoins surprised investors with a sharp bullish breakout on Feb. 28, signaling a possible change in the short-term trend.

BTC is etching daily higher lows and altcoins are holding on to their recent gains, suggesting that a market bottom could be in place.

BTC and altcoins flashed a few bullish signals today, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin.

BTC’s attempt to reclaim $40,000 was thwarted by bears, but any consolidation within the current range could benefit small and large-cap altcoins.