Analyst Predicts Rallies for Two of Ethereum’s Biggest Rivals, Says Bitcoin Could Bounce Harder Than Traders Think
— Sherpa thinks, Daily hodl, Strength, Merits, Encouraged, Daily hodl participates, Daily, Analyst, Adding, Next altcoin sherpa provides — 1 min read
Altcoin Sherpa is predicting if and when three cryptos can break out of the lingering market downtrend to achieve a short-term rally. He thinks both Cosmos (ATOM) and layer-1 scaling solution NEAR Protocol (NEAR) can do well. Sherpa thinks it’s possible Bitcoin could rally as high as $30,000 during the next upswing. Bitcoin is currently up by 2.12% over the last 24 hours and changing hands for $20,400. The analyst pinpointed $12,000 as a potential bear cycle low for Bitcoin, before adding that BTC's price might ultimately be determined by the equities markets rather than its merits or demand alone. The Daily Hodl does not recommend the buying or selling Source