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Scary Days Ahead For Altcoins | May 3, 2020

A quick scan of the altcoin market shows major weakness on the weekly timeframe. The price chart is showing a 'Push To Go Down' bar at the area of support. This means that the past support area is in jeopardy of being broken to the downside. With Bitcoin halving occurring this month it increases the likelihood of altcoins paired against Bitcoin to break to the downside. Take a look at these price charts to see what we're writing about.

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