Home web3.0 Crypto Analyst Altcoin Sherpa Believes Bitcoin (BTC) Has More Gas Left in the Tank Despite Latest Surge

Crypto Analyst Altcoin Sherpa Believes Bitcoin (BTC) Has More Gas Left in the Tank Despite Latest Surge

Oct 16, 2024 am 06:12 AM
bitcoin Memecoin Solana FET

Pseudonymous analyst Altcoin Sherpa tells his 224,900 followers on the social media platform X that he's bullish on Bitcoin after reclaiming support at around $60,000.

Crypto Analyst Altcoin Sherpa Believes Bitcoin (BTC) Has More Gas Left in the Tank Despite Latest Surge

A pseudonymous crypto analyst is predicting further gains for Bitcoin (BTC) and two altcoins after the latest surge.

The analyst, known as Altcoin Sherpa, has 224,900 followers on the social media platform X, where he shared his bullish outlook.

According to the trader, Bitcoin’s latest surge is likely to propel the apex crypto to around $70,000.

“BTC time for $68,000 .

Liquidity got taken out below that recent wick low, let’s see if we can get the highs.

After that? no clue. But still bullish until shown otherwise.”

At the time of writing, Bitcoin is trading at $65,942, up over 5% on the day.

The analyst is also keeping an eye on Fetch (FET), the native asset of the Artificial Superintelligence Alliance. While bullish on the altcoin, he thinks it will likely trade sideways in the coming days.

“FET pretty neutral price action, wouldn’t be surprised to see this chill out for the next few days and do nothing. Still think AI (artificial intelligence) is a good category but TAO is a better vehicle to trade in my opinion. Still bullish on FET though.”

At the time of writing, FET is trading at $1.51.

As for dogwifhat (WIF), the trader predicts a nearly 25% surge for the memecoin.

“WIF $3.50 soon as long as BTC stays stable.”

At the time of writing, WIF is trading at $2.81.

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