The crypto analyst who nailed the current Bitcoin (BTC) bottom believes that the king crypto and Ethereum (ETH) are likely poised for more bursts to the upside.
Pseudonymous analyst DonAlt tells his 466,800 Twitter followers that the strong recovery of both Bitcoin and Ethereum to close the previous week is likely a signal that the leading crypto assets are gearing up for big rallies.
According to DonAlt, BTC and ETH “look ready to absolutely giga moon.”
Looking closer at Bitcoin, the crypto trader believes that BTC is primed to take out resistance at $24,300.
“Selling into the third test of $24,000? Nah thanks, I’d rather chance it.”
Source: DonAlt/Twitter
Based on DonAlt’s chart, Bitcoin’s next resistance is at $32,200 should it break above the supply
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