Bitcoin (BTC)Crypto NewsEthereum (ETH)

Top Trader Says Bitcoin, Ethereum, and Another Altcoin Ready to Go Parabolic As Crypto Markets Reach

A popular crypto strategist and trader awaits Bitcoin (BTC), Ethereum (ETH) and an altcoin to shake off the recent market-wide slump and take off to epic heights.
The pseudonymous crypto analyst Kaleo tells his 449,800 Twitter followers that BTC’s price action in recent months reflects the year 2020, where an accumulation phase was followed by a “rapid price increase to new all-time highs”.

Marking Bitcoin at over $ 150,000 early next year, the analyst says:

“Only up [season] is here.”
Source: Kaleo / Twitter
At the time of writing, BTC is down 2% over the day to $ 57,618.

Switching to the leading smart contract platform Ethereum, Kaleo kept an eye on the ETH / BTC trading pair last week. Seven days ago he said for the first time:

“It is only a matter of time before ETH / BTC breaks out of their current area.

As soon as it clears 0.8 it should have a free path to expand to 0.12-0.15. “

Kaleo posted an updated chart in response to his original tweet, saying that ETH has begun its next ascent.

“The outbreak has started.

WAGMI [We’re all gonna make it]. “
Top Trader Says Bitcoin, Ethereum, and Another Altcoin Ready to Go Parabolic As Crypto Markets Reach, Crypto Trading NewsSource: Kaleo / Twitter
The trader has also been keeping an eye on the Terra Protocol, whose LUNA native token underpins a number of decentralized stablecoins.

He thinks that Cryptocurrency at number 13 is prepared to climb towards the $ 100 mark.

“Everyone is ready for $ 100 LUNA, right? …

From here it shouldn’t be long. “
Top Trader Says Bitcoin, Ethereum, and Another Altcoin Ready to Go Parabolic As Crypto Markets Reach, Crypto Trading NewsSource: Kaleo / Twitter
LUNA is up nearly 10% at the time of writing and is trading at $ 57.43.
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Source: Crypto News Deutsch

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