Attention to those with altcoins!
The upcoming $BTC will have a significant impact on your altcoins in three scenarios!
1. BTC breaks through 100,000 and then retraces around 5,000 points
Altcoins will follow BTC and rise about 5%, but when BTC retraces, your altcoins may drop by up to 15%.
2. BTC consolidates around 97,500-99,500
During this time, your altcoins are likely to rise by 15%-35% while BTC is consolidating (note this does not include all altcoins).
3. BTC retraces around 5,000 points from the current 99,000 position
At this point, your altcoins may face serious trouble; when BTC rises, your altcoins remain stagnant. When BTC retraces by 5,000 points, your altcoins could plummet by around 15%, with some altcoins potentially dropping even more to allow BTC to accumulate chips for another push to 100,000.