Top Analysts Say These 2 Altcoins Are Ready To Boom, Bitcoin Bear Case Has Been Voided

A prominent analyst believes that after a difficult week, a “floor is made” for many crypto investors.

The person nicknamed Capo told his 165,300 Twitter followers that the price patterns suggesting Bitcoin (BTC) will fall to the $ 38,000 support are no longer valid.

“The decrease to 38k seems invalid. The price has fallen to 39.5k and the inability to hit the lower target shows the weakness of the bears.

The bulls showed strength as the price broke to 44,000 on a negative funding rate, so I am optimistic. “

https://twitter.com/CryptoCapo_/status/1441367514223714304?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

Now Capo turns to Altcoins and says it is “impossible not to be optimistic in the market”.

Capo highlights two altcoins in particular. The first is the Fetch.ai (FET) blockchain project for artificial intelligence.

“This chart is extremely bullish. The support / resistance flip occurred. pump”.

2-day FET / BTC chart | The source: Twitter / Capo

The decentralized payment protocol COTI is also on the analyst’s radar.

“COTI is testing all-time highs again. Ready for a breakout. Here’s a closer look at COTI. Very optimistic. “