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Figure Heloc 
Bitcoin’s attempt to top $70,000 stalled throughout the week, but analysts believe that the short-term downside will be limited. Will altcoins hold on to their weekly gains?
💡 DMK Insight
Bitcoin’s struggle to break $70,000 is a critical moment for altcoins like LTC, currently at $54.57. If Bitcoin stabilizes, altcoins could maintain their recent gains, but any further dip could lead to profit-taking. Traders should watch for LTC’s support around $52; a drop below this could trigger a sell-off. Conversely, if Bitcoin manages to reclaim momentum, altcoins might see a surge, especially if they break their resistance levels. Keep an eye on Bitcoin’s price action, as it often dictates the broader market sentiment. The interplay between Bitcoin and altcoins is crucial right now, and understanding this dynamic can help traders position themselves effectively for the coming days.
📮 Takeaway
Watch LTC closely; if it holds above $52, it could signal further upside, especially if Bitcoin breaks $70,000.
