Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term6.6

Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month.

Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from their recent drop may experience a relief rally in the near-term, as long as Bitcoin is able to hold steady around its current price levels.

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