Bitcoin has started a relief rally, aiming to face resistance near $84,000. Altcoins risk breaking support levels if bulls fail to clear overhead resistance. The Crypto Fear & Greed Index hit a low of 14 in “Extreme Fear,” with Santiment noting extreme negativity on social media. Analysts remain bearish on Bitcoin, with odds of falling below $65,000 rising to 72%. S&P 500 Index may rally to 7,290 if bulls break above resistance, but a drop below 6,550 could lead to further decline. US Dollar Index recovery faces selling at 20-day EMA, with potential to rally to 100.54 if EMA is breached. Bitcoin fell below $80,600 but found support at $74,508, signaling a possible relief rally. Ether broke below $2,623, may rally to $2,833 if oversold conditions persist. BNB dropped below $790, may face selling at resistance, with potential drop to $700 if bearish momentum continues. XRP battles at $1.61 support, faces resistance at moving averages. Solana defends $95 support, but failure to rally may lead to further decline. Dogecoin plunges below $0.10, faces resistance at 20-day EMA. Cardano falls below $0.27, expected to face selling at 20-day EMA. Bitcoin Cash finds support at $456, looks to rally to resistance at $551.
Read more at Cointelegraph: Relief Rally Leads To Green Bitcoin, Altcoin Charts, But Will It Last?
