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Panic Drop · Aug 20, 2026

Bitcoin Up 11%: The Altcoin Market Is Waking Up and It's Time to Lean In

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Panic Drop - Timothy Assi · Panic Drop

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After weeks of watching a flat chart, we finally got a move, and it was up.

On the cycle, nothing has fundamentally changed. We’re close to a bottom, historically about a year after the top, which points to October.

I’ve drawn a yellow box where I think the bottom is forming, and until we’re clearly out of it, I’m not calling it.

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Now let’s get into the altcoins, because for the first time in months the market is showing real life.

After weeks of dead charts where sitting on your hands was the only smart move, strength is finally showing up in more than one place at once.

One coin I watch stayed quiet for months and is ripping again. Another ran 18% in a day. The big players are confirming too, making new highs above the 200 moving average, and a trade we called last week already paid out at 3.4 risk reward.

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This is the window we’ve been waiting for. When everything’s dead, you protect capital. When strength broadens out like this, you lean in and take the setups.

Below, the full breakdown with the levels to buy on every altcoin on the list.

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Key Levels to Watch:

  • Support: $67k, $60K, $55k, $45k

  • Resistance: $73K

Key Levels to Watch:

  • Support: $2000

  • Resistance: $2400

Next, we’ll dive into trade setups for 13 select Top Altcoins (Premium Video).

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Read the original on panicdrop.substack.com

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