Crypto analyst says Bitcoin Bull Run is still intact, Altcoin rally is imminent
Popular crypto trader Capo is on the near term future of Bitcoin (BTC) still bullish but foresees an inevitable altcoin rally.
The analyst tells his 227,400 Twitter followers that the first quarter of 2022 is for the Market capitalization leading crypto asset should be “up”.
“Still above key support ($ 40,000- $ 42,000) and the new uptrend is intact.
During the Novembercorrection hidden bullish divergences have formed. “
Source: CryptoCapo / Twitter
BTC is trading at $ 46,788.39 at the time of writing, down more than 3% in the past 24 hours. The top crypto asset by market cap is also down almost 18% from its price a week ago.
Capo also believes that altcoins are on the verge of a major breakout.
Altcoins fractal enlarged. Many of them start with the w3 so this would make a lot of sense. https://t.co/VtohjlBTAY pic.twitter.com/fSDQszMKMG
– il Capo from $ NOIA (@CryptoCapo_) December 28, 2021
The dealer recently predicted that ADA, the native asset for the Cardano smart contract platform, as part of a broader altcoin surge All time high (ATH) could surpass.
Since hitting the ATH of around $ 3.10 in early September, ADA has suffered a severe price correction of more than 57%.
The seventh-placed crypto asset by market cap is currently trading at $ 1.31, down more than 7% in the last 24 hours and more than 15% in the last month.
Check price promotion
Source: Crypto News Deutsch