Bitcoin's recent price movement from $101,000 to $97,000 has initiated a cascade effect on altcoins, with NOICE and TOSHI expected to follow suit. As Bitcoin dropped by 4%, NOICE and TOSHI are projected to experience amplified movements, with NOICE potentially mirroring a 1.6x BTC percentage move and TOSHI a 1.3x move.
The model suggests that altcoins typically lag behind Bitcoin's movements by 15-25 minutes. A recovery pattern is anticipated, where the first green Bitcoin candle post-drop could trigger a 6-10% bounce in NOICE and a 4-6% bounce in TOSHI. Traders are advised to watch for specific buy zones and profit targets, with NOICE's buy zone around 0.000237 and TOSHI's around 0.00058, and to consider profit-taking strategies as outlined in the model.
Bitcoin Price Drop Triggers Altcoin Cascade Model
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