A prominent analyst says Bitcoin (BTC), Terra (LUNA), and a low cap altcoin are preparing for their next steps.

The person known in the industry as Capo told his 229,500 Twitter followers that BTC is about to complete the “spring” of the Wyckoff accumulation phase.

“I still expect this ‘spring movement’ before it starts to explode.”

The source: CryptoCapo / Twitter

The analyst’s chart refers to the Wyckoff pattern, a method used to determine when major investors are creating or selling an asset. Since the tweet, BTC seems to have completed its spring phase and is now heading for a higher high (period (SOS)).

For the smart contract platform Terra (LUNA), whose value has skyrocketed by over 13,000% since January 2021, the analyst sees LUNA consolidating around the $ 75 mark before taking a big leap.

The source: CryptoCapo_ / Twitter

Terra is trading at $ 85.06 at press time, down 4.79% for the day.

Finally, Capo predicts that the low-cap smart contract platform Hathor (HTR) will generate massive profits in the coming months.

Hathor is a scalable Layer 1 platform that combines DAG (Directed Acryl Graph and Proof-of-Work Blockchain). It is one of the few blockchain protocols with an academic background in the field.

Capo highlights the $ 2.08 area as critical resistance for HTR. A break through this range will trigger a strong rally for HTR.

The source: CryptoCapo_ / Twitter

Hathor is currently trading at $ 2, down 2.32% for the day.

You can see the coin prices here.

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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