(10/25, Mon) btc fell -1.0% weekly and it's not for sure the altcoins' bull trend is over

Yesterday(10/24 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $61300, its lowest as $59505, its highest as $61550, its closing as $60905. After reaching a high right after the start of Sunday, Bitcoin started to decline, followed by two inverted N-shaped declines, falling to a low at 16:00, then rebounded and broke through 61k again at 21:00, but fell again and close weak flat.

Looking at the 4-hour chart, the volume increased weakly, btc broke $60k again and dropped to near 100MA, but after supporting at 100MA, it rebounded and is expected to move sideways between the 50MA and 100MA for the time being. During the week, Bitcoin fell -1.0%, and the dominance fell from 47.0 to 44.9. On the other hand, Ethereum rose 6.1% weekly and SOL rose 25.8%, and other major altcoins showed similar move to Bitcoin.

If you look at the weekly chart, btc showed a downward trend with an upper tail after renewing the ATH, and after hitting new ATH of $40k in Jan and $65k in April, it had been fallen with an upper tail by an average of -30%. Considering this time with new ATH last week, a drop to about $47,000 can be considered as a possibility. Of course, this could be possible under the premise that Bitcoin moves sideways or continues to decline and the altcoin bull market is over.