One popular crypto analyst believes Bitcoin (BTC) is on the verge of rebounding when plotting two altcoin paths.
Pseudonym analyst known as Credible Crypto To tell His 300,700 Twitter followers say BTC could hit another local low before it soars to $40,000 “in the next few days.”
“”Then comes the big monthly settlement. “
Bitcoin was trading at $36,833.16 at the time of writing, up 0.33% in the last 24 hours.
Reliable encryption expect Decentralized Finance (DeFi) altcoin Curve DAO Token (CRV) rebounds.
“It’s nice to see our repeated sweeps of lows to weekly demand/support. I just printed a classic bullish div every day, but soon I’m expecting a relief of $4 to $4.50. increase.
It is also the area we have to regain to make sure our bottom is in. “
CRV is a governance token for Curve Finance, a decentralized exchange focused on Stablecoin. Cryptocurrency, ranked 85th by market capitalization, was trading at $2.90 at the time of writing and has fallen nearly 3% in the last 24 hours.
Reliable cipher Note HBAR, a native token of the decentralized public network Hedera Hashgraph, shows interesting pricing actions like CRV.
“HBAR is in the first major breakout from its own range of accumulation (CRV, etc.). It happened to hit .07 and immediately dumped to .03 to 11x.
Cryptography is volatile. If you have been here for a few months, you know this.
If you can’t handle volatility, don’t buy cryptocurrencies. “
HBAR, the 35th largest crypto asset by market capitalization, is trading at $0.210971 at the time of writing.
Check price action
Don’t miss the beat – subscribe and deliver encrypted email alerts directly to your inbox
follow me twitterFacebook and Telegram
Surf the daily hoddle mix
& Nbsp
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do due diligence before making risky investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfer and transaction is your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hodl is not an investment adviser. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock / Lazy Clouds / Sensvector