Altcoins Close to Being ‘Obliterated’ As Bitcoin Holds On to Historically Critical Support Level: Crypto Analyst

A widely followed crypto analyst is warning traders that altcoins are close to being eviscerated as leading digital asset Bitcoin (BTC) gets close to dipping below key support levels.

Kevin Svenson tells his 101,000 Twitter followers that while Bitcoin and Ethereum face downside risk, altcoins stand to take the brunt of a further market correction.

“There is downside risk showing for Bitcoin.

I’m not worried about BTC or ETH. I will be holding those in a continued bear trend…

>>>read full article here<<<