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Quinten Francois: Altcoins need ETHBTC breakout for next rally
Quinten Francois, industry influencer, observes that several altcoins have quietly increased in value over the past one to two weeks.
However, Francois believes a significant move from ETHBTC is necessary for a broader breakout in altcoins.
Francois has previously highlighted bitcoin holding support at $75,300 and attempting to break out of its trading channel, as noted in recent commentary. He also reported bitcoin climbing 33 percent since its February decline, rebounding from lows near $60,000 to $80,000 in three months, according to another update. These observations come amid renewed interest in altcoin performance.
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