The Bitcoin bulls and bears are battling it out to see whether on not $30k can hold. If the Bitcoin bulls are unable to hold it, and the price of Bitcoin starts heading south rather quickly, many altcoins stand to lose a decent amount of their valuations against Bitcoin. On the contrary, holding $30k and bouncing back up, would likely further catalyze more rallies in the rest of the market. TA Video by Benjamin Cowen.
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