"If Bitcoin falls to 82k, will our coins hit new lows? 😢"
This could happen if the market behaves unpredictably!
First, the decline won't be a straight shot to 82k. For instance, the 87,300 area could act as support, potentially pushing the price back up before another drop happens tomorrow.
This aligns with coins reaching their daily support levels.
Additionally, when Bitcoin drops significantly, altcoins typically follow suit, so they won’t be hit as hard.