Analyst: Altcoins could surge up to 60% if BTC hits $86K

Cryptocurrency analyst Michaël van de Poppe has predicted that altcoins could rally by an additional 30% to 60% if Bitcoin reaches $86,000. According to Cointelegraph, he noted that a drop below $75,000 is unlikely in the short term, with the potential for a continued rise supported by a V-shaped recovery following a rebound in the Nasdaq. Van de Poppe identified the key challenge as breaking through the $80,000 resistance level.