According to top analysts, BTC could climb back to $ 55,000 and some old altcoins could hit ATH this cycle

Well-known analyst Credible Crypto says several large cap altcoins could hit new all-time highs in the coming months.

Brothers speak With its 222,000 Twitter followers, Litecoin (LTC) could repeat the “legendary” bull run in history.

“Many people say that LTC has completed its ‘bullish run’ and is entering a bear market.

I don’t trade Fractal but I think LTC will take a similar move as it did in 2017. Not just for LTC, but for most of the older altcoins. I still think they’ll do a new ATH. “

LTC / USDT daily chart | Source: TradingView / Credible Crypto

Regarding the timing of his prediction, Mr. suppose i think The last rally will begin “after a few months” of consolidation.

Credible crypto too suppose i think Bitcoin Cash (BCH) could hit an all-time high. And he advises traders not to rush into XRP.

“XRP was one of the worst coins of 2017 until the rage started. In the 30 days after BTC peaked, XRP rose more than 10x, increasing its overall cycle gain to 62.947%, or 629x. Don’t rush as it usually starts slowly. “

XRP / USDT and BTC / USDT weekly chart | Source: TradingView / Credible Crypto

In addition, the market has pushed Hedera Hashgraph (HBAR) back into a key demand zone, the analyst said.

“I don’t think I’ll get a third chance to buy at this level.

Notice that any pullback is bought heavily, which shows that if the HBAR falls within the key demand range over the long-term (HTF), buyers will absorb the sales.

Weekly HBAR / USDT Chart | Source: TradingView / Credible Crypto

Credible crypto suspect that Bitcoin (BTC) will move into the $ 45,000 to $ 55,000 zone when it can break out of the $ 35,000 to $ 38,000 zone. If it goes higher, he intends to go short.

“If Bitcoin can hit $ 55,000, I’ll look for a short position. I know if Bitcoin can do that, a lot of people will be amazed – they are calling for a new ATH when in reality that area is most likely for bears. There is a plan. “

Weekly BTC / USDT Chart | Source: TradingView / Credible Crypto

SN_Nour

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