Hey guys holding those altcoins, listen up!
What happens next with $BTC will have a huge impact on the altcoins you hold, so pay attention!
In the first scenario, if BTC breaks through the 100,000 mark in one go and then drops a bit by around 5,000, the altcoins might rise about 5% along with BTC. Don't take this lightly, though; once BTC starts to slide, the altcoins you hold could be in big trouble, potentially dropping by around 15% in one go!
In the second scenario, if BTC is adjusting in the range of 97,500 to 99,500, the altcoins you hold might have some hope! During this sideways movement of BTC, the altcoins are likely to see an increase of about 15% to 35% (but not all altcoins will perform this strongly!).
The third scenario is quite grim: if BTC drops directly from its current position of 99,000 by about 5,000, the altcoins you hold will be in bad shape. While BTC is climbing, the altcoins might be as still as a wooden post, but when BTC pulls back, the altcoins could deflate like a balloon, with declines reaching around 20%, and some altcoins might drop even more drastically, essentially supporting BTC to continue its push towards the 100,000 milestone!