According to top crypto analysts, strong altcoins are poised to move upward.
Pentoshi, a pseudonymous cryptocurrency trader on social media platform X told his 809 600 followers that altcoins are currently in a good spot.
I personally enjoy the way that this structure is being built. This looks like a positive move for another higher. It’s possible to see a significant upside *IF* the resistance can become support.
This is where I have been bullish for BTC. Many alts, but not all of them can become stuck at pivots in BTC/USD and continue to bleed against BTC. Just something to keep in mind when deciding how much exposure you want. Then I wouldn’t chase alts that are lagging. I would focus only on alts that have a [higher lows and higher highs] clear uptrend, and continued strength throughout BTC’s recent moves .”
Pentoshi notes as well that Bitcoin (BTC), appears to be at an all time high in the “waiting area.”
It’s hard to call it anything but a high. Congratulations to all those who waited. All people get what they deserve .”
Bitcoin was trading at $67.319 as of the time this article is written. In the last week, market capitalization has been largely flat for the top crypto asset.
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The post Another move higher for Altcoins is on the table as ‘constructive’ price action unfolds, according to top analyst may be updated as new developments occur.
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