Forecasted Crypto Surges Dominanted by Bitcoin, according to Analyst's Prediction; Bitcoin Showcases Robust and Vigorous Condition
Streets ahead and always in the know, that's this crypto analyst we love! Credible Crypto, with an impressive 467k followers on X, isn't shy about sharing his Bitcoin insights. In a recent post, he believes Bitcoin is primed for another upsurge, thanks to healthy capital flows.
According to the pseudonymous trader, demand seems to be meeting selling pressure above $90,000. With Bitcoin's cumulative volume delta (CVD) cooling off, there's clear evidence of significant seller absorption. As a result, Credible advises that only long positions are worth considering. Although he's bullish on BTC, he predicts altcoins will likely trail behind once Bitcoin reaches a new all-time high.
In his opinion, Bitcoin could hit $125,000-$135,000 before alternative coins like CRV start making moves themselves. At the time of writing, Bitcoin is trading at $94,182. So, folks, keep those eyes on Bitcoin because it might be leading the crypto pack to new heights!
Remember, that's just one analyst's opinion. Do your research before making any hefty investments, and let's see what the future holds for the cryptosphere. To keep up to date, follow us on X, Facebook, and Telegram. Don't miss a beat - subscribe for email alerts! Subscribe to our platforms to stay informed: join us on X, Facebook, and Telegram for the latest updates.
Stay crypto-savvy, and let's keep the blockchain rolling!
Disclaimer: The views expressed here are not investment advice. Investors must conduct their own due diligence before making any high-risk cryptocurrency investments. Investors assume full responsibility for any potential losses. The Daily Hodl does not endorse, recommend, or invest in any cryptocurrencies or digital assets, nor is it an investment advisor. Additionally, The Daily Hodl participates in affiliate marketing.
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- The Cryptocurrency analyst, Credible Crypto, suggests that Bitcoin (BTC) could potentially hit a new high of $125,000-$135,000, leading the crypto pack.
- Despite his bullish stance on Bitcoin, Credible anticipates that altcoins like CRV may trail behind after Bitcoin reaches its new all-time high.
- In a recent post, Credible Crypto advises that only long positions are worth considering due to Bitcoin's healthy capital flows and clear evidence of seller absorption.
- The analyst's opinion is that Bitcoin's cumulative volume delta (CVD) cooling off signifies significant seller absorption, suggesting a primed market for another upsurge.
- As of writing, Bitcoin is trading at $94,182, hinting at its potential to reach new heights.
