A widely followed crypto analyst, Bitcoin He warns that if (BTC) continues its upward momentum, altcoins may lose blood.
Crypto strategist Credible Crypto tells his 348,400 followers on social media platform crypto- If it can continue climbing, altcoin pumps will run out. told. However, he did not name a specific digital asset.
In between BTC’s big rallies, when it goes sideways like it has been for the last 24-48 hours, some altcoins are pumping. Don’t get caught up in this as most of these pumps will fade once BTC continues its climb.
The price of the largest crypto asset by market cap has been rising over the past two weeks, rising 25% from $27,196 on October 15 to $34,042.
Another crypto analyst, Rekt Capital, is bullish as crypto markets stage a rally on the back of Bitcoin. altcoinHe emphasizes the ‘s. According to Rekt Capital, Bitcoin Cash (BCH) has rallied 25% and is ready to test the region around $100 as support.
Bitcoin Cash is up +25%. Excellent retest of the red area as support. It follows the road perfectly.
NEWS CONTINUES BELOW
Koinfinans.com As we reported, BCH is trading for $243 at the time of writing.
Another rising altcoin on Rekt Capital’s radar is decentralized oracle provider Chainlink (LINK). Trader says LINK is fast approaching a historical resistance area.
LINK is trading at $10.47 at the time of writing.