A prominent analyst is hoping that Bitcoin (BTC), Ethereum (ETH), and a large cap altcoin will soon break out of a bearish structure and hit new all-time highs.

Known in the industry by the nickname Kaleo, he told his 449,800 Twitter followers that BTC price movements over the past few months reflect 2020, when an accumulation phase is followed by a price rally, rapidly to a new all-time high.

“Increase is the only way here.”

The source: Kaleo / Twitter

According to him, Bitcoin is programmed to climb to around $ 150,000 early next year.

Kaleo is switching to leading smart contract platform Ethereum and has been keeping an eye on the ETH / BTC pair for the past week. Seven days ago he was speak the:

“It is only a matter of time before ETH / BTC break out of the current range.

If 0.8 is cleared, the door is wide open to 0.12-0.15. “

Kaleo posted an updated chart in response to his original tweet, saying that ETH has already started its next move.

“It broke through.

The march north has begun. “

The source: Kaleo / Twitter

The analyst is also keeping an eye on the Terra Protocol (LUNA), a blockchain platform focused on stablecoins.

He believes that at number 13, the cryptocurrency is likely to climb into the USD 100 range.

“LUNA is ready to move towards US $ 100 …

It won’t be long from here. “

The source: Kaleo / Twitter

LUNA is up nearly 10% at press time and is trading for $ 61.43.

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