Bitcoin’s Brakes: How the Crypto Kingpin Is Dragging the Entire Market Down

Bitcoin's sluggish momentum has become the anchor holding back the crypto ecosystem—just as Wall Street starts pretending to care about 'blockchain innovation.'

Why the bottleneck? The OG cryptocurrency's network congestion and institutional hesitancy are creating ripple effects across altcoins, DeFi, and even NFT trading volumes. When BTC sneezes, the whole market catches a cold.

The domino effect: Trading pairs, liquidity pools, and leveraged positions all tether to Bitcoin's price action. No ATH rallies? Altseason gets postponed—again.

Meanwhile, TradFi brokers keep pitching 'diversified crypto portfolios' while quietly rebalancing into T-bills. Some things never change.

Crypto TOTAL 4H Chart

The reason why Crypto market could be trading in an abc correction within uptrend is an unfinished bullish structure on Bitcoin. Bitcoin remains nicely bullish after we recently spotted an ABC correction in wave 4 in the 4-hour chart, so wave 5 can be now in progress within a new three-wave ABC rally that can extend the rally at least up to 130k area to complete the wedge pattern. So, the 130k target area for a higher degree wave 5 remains open, which can be reached within subwave (C) after the current pullback in subwave (B) with key support around 118-117k area.

BTCUSD 4H Chart

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