Autor Cointelegraph By Rakesh Upadhyay

Bitcoin and select altcoins have fallen below their respective support levels, a worrying sign that the bulls could be losing their grip.

Bitcoin and select altcoins turned down sharply on April 19 but a minor positive is that the bulls are trying to defend their respective support levels.

Bitcoin hit a year-to-date high at $31,000 and ETH price followed. Which altcoins will be next?

Today’s CPI report highlighted a slight decline in inflation, a development which could put a strong price floor beneath Bitcoin and select altcoins.