With Bitcoin consolidating and the broader crypto market retracing, many traders will look to “buy the dip” in BTC. Other than Bitcoin, though, what is the most promising alternative crypto that you want to be holding and or buying right now? Kaspa.

BTC consolidates beneath last resistance level until $58,000

As of  4:00 PM ET, Bitcoin is up by just over 5% ($2,300) on the day at $47,590. The huge gains achieved today have propelled this week 11.62% higher, making it the biggest week for Bitcoin since October.

In this episode we try and give a simple explanation of Ichimoku Clouds and how to use them, as well as our forecast for this week in Bitcoin.

“Despite the initial ETF euphoria vanishing from market sentiment Bitcoin has held up rather well considering the $15,000 in gains that were largely fueled by its implications.

Bitcoin experienced 2 hour-long pumps that were followed by immediate crashes to $45,600 over the past week days. Both occurred following approval of the multiple spot Bitcoin ETFs, with decision deadlines set for January 10th.