A extensively adopted crypto analyst says he’s nonetheless ready for a transparent perspective after Bitcoin’s (BTC) current worth drop.
Pseudonymous dealer Altcoin Sherpa tells his 183,100 Twitter followers that BTC’s worth motion is up and down in the mean time.
“BTC: Value is fractal, we’re seeing this similar worth motion – stairs up, elevator down. It’s taking place on a decrease scale than the previous few months, although. Let’s see the place the smoke clears from this current transfer down.”
“ATOM: Numerous interplay with the 200D [exponential moving average] proper now, let’s see if it may flip it. Doing that on this present surroundings can be very very robust for my part… “
“DOT: Value has been chopping across the final a number of months, suppose that is accumulation or worth pausing earlier than additional dumping?”
“FTT: Lots of people speaking about this one lately- I don’t see it. It’s straightforward to say that in hindsight with yesterday’s dump however I’ve all the time thought FTT was sort of a shitty coin to hodl. Sure, [centralized exchange] tokens are supposedly protected in bear markets (see: BNB) however the two aren’t comparable.”
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