#AltcoinBreakout Bitcoin testing underlying support and the possible start of an altcoin season are causing traders to focus on XLM, LTC, ETC, and BNB.

Key points:

🔸The continuation of Bitcoin's consolidation seems likely in the short term, but the trend remains positive as long as the price stays above $110,530.

🔸The charts for BNB, XLM, LTC, and ETC look positive.

Bitcoin BTC €100,668 remains in a consolidation phase while bears frustrate bulls' attempts to keep the price above $120,000. According to Jurrien Timmer, Director of Global Macro at Fidelity, BTC is sitting right in the middle of its adoption curve compared to internet adoption in past decades. This suggests that BTC has more room to grow.