Analyst Warns Altcoins Could Plunge if Bitcoin Falls Below Key Support
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Crypto analyst warns altcoins could face "dire consequences" if Bitcoin falls below $26,700 support level.
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Potential drops to $26,000, $24,900, and $23,600 could trigger sharp altcoin declines.
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Flight to safety into Bitcoin and stablecoins likely if key support levels break down.
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Altcoins dropping in both USD value and Bitcoin ratio currently.
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Analyst says Ethereum may act differently than other altcoins if Bitcoin sells off.