Bitcoin falls below $80K — Will PI, OKB, GT and ATOM outperform BTC and altcoins?


Last week, Bitcoin (BTC) showed initial signs of decupping from the US stock markets. Bitcoin was relatively flat in the week, while S&P 500 declined by 9%. The sale was triggered after US President Donald Trump’s 2 April global tariff announcement, which proceeded on April 4 as China retaliated with a new tariff on American goods. Even gold was not spared and was Below 1.9%for the week.

Mike Alfred, founder of Alpine Fox, highlighted a post on X that a gold bull market is a boom for bitcoin. During the previous cycles, Gold led the bitcoin for a while, but finally, bitcoin caught and increased 10 times or more than gold. He said that it will not be separated this time.

Cryptocurrency, China, gold, bitcoin price, market, United States, Cryptocurrency Exchange, Donald Trump, Cosmos, Price Analysis, Market Analysis, S&P 500

Crypto market data daily view. Source: Coin360

Although the short -term outperformance of bitcoin is an encouraging signal, traders should remain alert as long as more clarity on the macroeconomic front emerges. If there are another round of witnesses to sell American stock markets, cryptocurrency markets may also come under pressure.

A handful of altcoins are showing strength on the chart, but waiting for the overall feeling to start fast before jumping can be a better strategy. If bitcoin breaks above its immediate resistance, what are the top cryptocurrency that can follow it high?

Bitcoin price analysis

Bitcoin bulls have failed to pursue the price above the resistance line, but they have not given much land to the bear. This shows that the bull has maintained pressure.

BTC/USDT Daily Chart. Source: Cointelegraph/TardingView

The 20-day exponential moving average ($ 84,241) is leveling, and the relative power index (RSI) is just below the midpoint, indicating the balance between supply and demand.

This advantage will tilt the bulls on a break and close the resistance line. $ 89,000 has resistance, but if the level comes out, the BTC/USDT pair may move towards $ 100,000.

$ 80,000 has significant support to look out for the negative side. If this level cracks, the pair may fall to $ 76,606 and then to $ 73,777.

BTC/USDT 4-hour chart. Source: Cointelegraph/TardingView

The pair is getting consolidated between $ 81,000 and $ 88,500. The moving average on the 4-hour chart is falling down marginally, and the RSI is just below the midpoint, indicating the continuity of range-bound action in the near period.

If buyers push the price above $ 85,000, the pair can rally up to $ 88,500. This level can attract vendors, but the pair can jump up to $ 95,000 if the bulls are strong.

If the price below the support area of ​​$ 81,000 to $ 80,000 is broken, beer will return to the driver’s seat. The pair can then dump at $ 76,606.

Pie network price analysis

PI Network (PI) has been in a strong downtrend since topping $ 3 on 26 February. On April 5, the relief rally shows the first signal of purchasing at low -level levels.

Pi/USDT Daily Chart. Source: Cointelegraph/TardingView

Any recovery is expected to face selling in 20-day EMA (0.85), which remains a major short-term level to look out. If the PI/USDT pair does not give more land than 20-day EMA, it indicates that bulls are holding their positions. It opens the doors for a rally over a 20-day EMA. The pair can then jump next to a 50% fibonacci retracement level of $ 1.10 and 61.8% of $ 1.26.

The level of $ 0.40 is significant support on the negative side. A brake and a closed pair below $ 0.40 can immerse it up to $ 0.10.

Pi/USDT 4-hour chart. Source: Cointelegraph/TardingView

The 4-hour chart suggests that the bears are defending the 50-percent moving average, but a minor positive is that the bulls are trying to keep the pair above the 20-EMA. If the price is away from 20-EMA, bulls will try to kick the pair above $ 0.80. If they do so, the pair can travel $ 1.20.

In contrast, a break and close under the 20-EMA suggests that the bear has maintained pressure. Negative speed can lift on a break below $ 0.54. The pair can then recover significant support at $ 0.40.

OKB price analysis

The OKB (OKB) changed rapidly on 4 April and closed above the moving average, showing that bulls are trying to return.

OKB/USDT Daily Chart. Source: Cointelegraph/TardingView

UP steps continued, and Bulls pushed the price above a short -term resistance at $ 54 on 6 April. The OKB/USDT pair can reach the resistance line of the descending channel, which is likely to attract vendors. If the price decreases rapidly and breaks below $ 54, the pair can oscillate inside the channel for a few more days.

On the other hand, if the buyers do not leave the land more than the resistance line, it increases the possibility of a break over the channel. The pair can climb to $ 64 and then $ 68.

OKB/USDT 4-hour chart. Source: Cointelegraph/TardingView

The pair will complete an inverted head-and-probe pattern on a break and will exclude the neckline. The top tricks can withstand selling on the resistance line, but on the below way, if the buyers flipped in support, this resistance increases the possibility of a break above the line. If this happens, the pair can start their march towards the pattern target of $ 70.

Vendors will have to defend the neckline fiercely and quickly draw a price below 20-EMA to stop the rally. The pair can fall up to 50-SMA and then $ 45.

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Gatework price analysis

Gatetocen (GT) is getting support in 50-day SMA ($ 22.05) for a few days, which is an important level to look out.

GT/USDT Daily Chart. Source: Cointelegraph/TardingView

The flat moving does not give a clear benefit to the RSI bulls or bears just below the midpoint. One can increase a brake and a closed price above $ 23.18 to $ 24. This remains the major overhead resistance to the bear for rescue as a break on top of it can lead to GT/USDT pair up to $ 26.

This positive attitude will be invalid in short-term if the value breaks and maintains under the 50-day SMA. The pair can drown up to $ 21.28 and then to $ 20.79.

GT/USDT 4-hour chart. Source: Cointelegraph/TardingView

The pair rejects the resistance line of descending channel patterns, indicating sales on rallies. The brake under the moving average suggests that the pair can last for some more time inside the channel.

The buyers will achieve the upper hand on a break and close the resistance line. Such steps suggest that the corrective phase may end. The pair can rally up to $ 23.18 and then up to $ 24.

Universe price analysis

Cosmos (Atom) is trying to make one down, but is facing sales at $ 5.15. A minor positive in favor of the bulls is that they have not allowed the price to move forward.

Atom/USDT Daily Chart. Source: Cointelegraph/TardingView

If the value is away from the moving average with the force, it indicates the purchase on the dips. This improves a brake possibilities above $ 5.15 resistance. If this happens, the atom/USDT pair can increase to $ 6.50 and then to $ 7.17.

In contrast, a brake and close below the moving average suggests a possible boundary formation in the near period. The pair can swing between $ 5.15 and $ 4.15 for a while. The sellers will return to the command on a slide below $ 4.15.

Atomic/USDT 4-hour chart. Source: Cointelegraph/TardingView

Bulls and Bears are watching a difficult battle in 20-EMA on a 4-hour chart. If the price remains below 20-EMA, the pair may increase to 50-day SMA and later to $ 4.15. Buyers are expected to defend the level of $ 4.15 fiercely.

Instead, if the price remains above the 20-day EMA, it indicates concrete demand at the lower levels. Bulls will then try to push the pair at $ 5.15. A brake and close over this resistance can begin a new up move.

There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.