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Home»ALTCOIN NEWS»Analyst Says Bitcoin ‘Will Go Much Higher’ and Predicts This Low-Cap Dogecoin Competitor Will Become This Cycle’s Memecoin.
ALTCOIN NEWS

Analyst Says Bitcoin ‘Will Go Much Higher’ and Predicts This Low-Cap Dogecoin Competitor Will Become This Cycle’s Memecoin.

By Crypto FlexsFebruary 12, 20242 Mins Read
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Analyst Says Bitcoin ‘Will Go Much Higher’ and Predicts This Low-Cap Dogecoin Competitor Will Become This Cycle’s Memecoin.
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One cryptocurrency strategist predicts that Bitcoin (BTC) will maintain its upward trend, closing at $48,000.

Pseudonym analyst Inmortal says The 206,200 followers on social media platform

“The cryptocurrency has no new entrants and its current price is $48,000. Imagine when the masses come in like in 2021. We will soon rise much higher…

Bitcoin is trading at $47,526 at the time of writing, up more than 5% in the last 24 hours.

merchant island Believe Floki (FLOKI), a dog-themed cryptocurrency asset, may be one of the best-performing memecoins this market cycle.

“Today’s candle +20%. I’ve said it before and I’ll say it again. FLOKI is the memecoin of this cycle.”

Source: Immortal/X

Looking at his chart, the trader suggested that FLOKI could rise to $0.0000480 this month.

FLOKI is trading at $0.0000313 at the time of writing, up more than 10% in the last 24 hours.

merchant island Called Both Bitcoin and Ethereum (ETH) are fighting against resistance levels, but a move towards support levels could mean bullish momentum could follow.

“Both BTC and ETH are currently facing resistance. Acceptance above $45,000 and $2,400 = expansion.”

video
Source: Immortal/X

Ethereum is trading at $2,486 at the time of writing, up nearly 3% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

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