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Bitcoin flashes sell signal, but altcoins explode. What will happen this week?

Bitcoin price flashes sell signal on the weekly timeframe, forecasting a potential correction.
Meme coins and some altcoins show strength as they rally over the weekend.
This week shows promise, but investors need to be cautious.

This week, Bitcoin has finally flashed a sell signal on the weekly chart, forecasting a correction of one-to-four weekly down candlesticks. Despite the short-term correction forecast, some altcoins are rallying.

BTC/USDT 1-week chart

Before we get into what altcoin picks for the week, let’s take a look at the week’s agenda.

Crypto Week Ahead

April 1

April 3

ImmutableX (IMX) Watch Dogs Cards game-related.
Wormhole (W) and Injective Protocol (INJ) airdrop.

April 4

Bitcoin Cash (BCH) Halving.
Fed Chairman Jerome Powell’s speech at 04:10 PM GMT.

April 5

Nonfarm Payrolls (NFP) at 12:30 PM GMT.

April 10

Starknet (STARK) “influence” pre-release.

Altcoin picks for this week:

Here are some rebellion altcoins that rallied this weekend.

Jito (JTO) – JTO price is up 35% in the last 48 hours.
Bitcoin Cash (BCH) – BCH price is up 11.81% in the past two days.
BitcoinSV (BSV) – BSV price has shot up 7.45% in the past two days.

Apart from these individual altcoins, meme coins are likely going to continue their ascent.

Floki Inu (FLOKI) and Pepe Coin (PEPE): These two altcoins are among the most trending meme coins, but FLOKI seems to have taken a break over the week as it’s at breakeven. PEPE, on the other hand, has shot up 10%.
Sui (SUI) and Sei (SEI): These modular blockchains have been at the center of the hype cycle, with investors returning to them occasionally. SEI was down 3.24% over the weekend, while SUI is at breakeven. These altcoins are likely to get a lot of attention as well.
Fetch.ai (FET) and SingularityNET (AGIX): These AI coins are also likely to see some bidding from investors. Both the AI tokens sit at roughly -4% over the weekend.