A widely followed crypto analyst says Bitcoin (BTC) may make an explosive move to the upside before a bearish reversal.
In a new post on the instant messaging app Telegram, pseudonymous crypto strategist Crypto Capo tells his 122,084 subscribers that Bitcoin may hit $98,000 before plummeting in value.
However, the analyst says as long as Bitcoin holds $88,000 as support, the flagship crypto asset will likely remain in an uptrend.
Trending: A Frail Joe Biden Manages to Offend Multitudes During Pope’s Funeral
Looking at other digital assets, the analyst predicts that Ethereum (ETH) may increase 30% of its current value before correcting and that Solana (SOL) may increase 33% of its current value before correcting. He also believes other altcoins may double in value.
“As long as Bitcoin stays above $88,000 (ideally above $90,000), a final bullish
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!