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Bitcoins $80K Last Support At Risk: Will Altcoins Follow?

by Vivek Kumar
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Bitcoin’s $80K Last Support At Risk: Will Altcoins Follow?

Key points:

  • Bitcoin’s break below $84,000 tilts the advantage in favor of the bears, opening the doors for a potential fall to $74,508.

  • Several major altcoins have slipped below their support levels, signaling that the bears are attempting to take charge.

Bitcoin (BTC) remains under pressure as sellers attempt to sustain the price below the $84,000 level. BTC’s fall near $81,000 caused $1.77 billion in liquidations in the past 24 hours, per CoinGlass data.

Several analysts have turned bearish and expect…

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