Strongaltcoinslookpoisedforamoveup,accordingtoatopcryptoanalyst.
ThepseudonymouscryptotraderknownasPentoshitellshis809,600followersonthesocialmediaplatformXthatthedigitalassetmarketiscurrentlyinanimportantspotforaltcoins.
“Ipersonallylikethestructureorbasingtakingplace.Itlooksconstructiveforanothermovehigher.There’scertainlyalotofupside*IF*thiscanbeflippedfromresistancetosupport.
I’vebeenverybullishonBTC,andthisisatypeofspotwhereMANYnotALLaltscangetstuckonBTC/USDpivotsandbleedvsBTCand[BitcoinDominance]cancontinueup.It’sjustsomethingtobeawareofwithyourexposure.SoIcertainlywouldn’tbechasinglaggingalts.Andwouldonlyfocusononeswithaclear[higherhighsandhigherlows]uptrendandcontinuedstrengthduringBTC’smovessofar.”
Source:Pentosh1/X
PentoshialsonotesthatitlookslikeBitcoin(BTC)isinanall-timehigh“waitingroom.”
“Hardtonotcallthisahigherhigh.Congratstothosewhohadpatience.Everyonegetsitatthepricetheydeserve.”
Source:Pentosh1/X
Bitcoinistradingat$67,319attimeofwriting.Thetop-rankedcryptoassetbymarketcaphaslargelytradedsidewaysinthepastweek.
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