Facing the persistent correction that the crypto market is undergoing, strategic investors are actively identifying altcoins to buy if Bitcoin drops below the critical psychological support of 80,000 dollars. Market analyst Ananda Banerjee highlights three specific digital assets that, thanks to their marked inverse correlation and strong technical structures, could offer positive returns while the market leader faces significant and continuous structural weakness.
On the other hand, technical data points to Zcash as a robust option, maintaining a negative correlation of -0.87 with Bitcoin and preserving its bullish breakout since mid-November. Likewise, Pi Coin has demonstrated impressive relative strength, rising almost 18% in the last month, while Bitcoin has suffered an approximate drop of 24% since November 11. Added to this list is Tensor, which holds a correlation of -0.90 and shows clear signs of strong accumulation, suggesting that these assets are operating with dynamics decoupled from the general bearish pressure. Zcash faces a key resistance at 749 dollars; overcoming it is vital to confirm the trend.
Can these decoupled assets offer a safe haven while Bitcoin continues its descent?
It is fundamental to understand that Bitcoin’s trend shows alarming signs of exhaustion, with the 100-day exponential moving average threatening to cross below the 200-day one. This precarious technical configuration substantially increases the probability of losing the 80,000 dollar level, which drives the urgent search for hedges in other cryptocurrencies. In this volatile environment, negative correlation acts as an essential defense mechanism, allowing these assets to increase their value or remain stable precisely when the dominant coin experiences massive sell-offs by the global market.
If Zcash manages to consolidate above its immediate resistance, it could quickly seek 898 dollars and subsequently the psychological zone of 1,010 dollars. This movement is backed by the Bull Bear Power indicator, which has remained in positive territory for over a month despite the pullbacks. Similarly, Pi Coin shows a Chaikin Money Flow above zero, indicating that institutional buying pressure remains present. If Pi breaks 0.25 dollars, the path toward 0.29 dollars is viable; however, losing the support at 0.22 dollars could invalidate this thesis and take the price to 0.20 dollars.
Finally, the current market demands diversified strategies that mitigate risk in the face of the leading asset’s instability. It is expected that, if Bitcoin’s weakness persists in the coming days, Zcash, Pi, and Tensor will continue to demonstrate resilience and capital attraction. Traders should closely watch invalidation levels, such as 488 dollars for Zcash, to adjust their positions mainly in a timely manner.
