Risky assets have been on a roll in the first quarter of 2024. The S&P 500 Index (SPX) rose 10.2% to record its best first-quarter performance since 2019, while Bitcoin (BTC) surged 103.1% during the same period. Traders need to be careful after the strong Q1 performance because nothing goes up in a straight line. Bull markets are known for their sharp corrections, which shake out the late entrants. However, the dips offer a low-risk buying opportunity to the long-term investors.
What are the important support levels to watch out for in Bitcoin and altcoins? Let’s analyze the charts to find out