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.
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
SN_Nour
According to Dailyhodl
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…
Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
This website uses cookies.