A closely watched cryptocurrency analyst and trader believes Bitcoin (BTC) has more gas left in the tank despite its recent surge.
Pseudonymous analyst Altcoin Sherpa told his 224,900 followers on social media platform
According to the trader, he expects the recent surge to push Bitcoin closer to $70,000.
“BTC time is above $68,000.
Liquidity has fallen below recent lows. Let’s see if we can get the highest score.
since? No clue. But until we see otherwise, we remain optimistic.”
As of this writing, Bitcoin is trading at $65,942, up more than 5% on the day.
Looking at the underlying assets of the Artificial Superintelligence Alliance (FET), the analyst says he is bullish on altcoins, but believes they are likely to move sideways in the coming days.
“FET has a fairly neutral price action, and I wouldn’t be surprised to see this cooling subside and do nothing over the next few days. I still think AI (artificial intelligence) is a good category, but I think TAO is a better bargain. Still, I remain optimistic about FET.”
As of this writing, FET is worth $1.51.
For dogwifhat (WIF), traders predict that memecoin will surge nearly 25%.
“WIF As long as BTC remains stable, it will soon hit $3.50.”
As of this writing, WIF is worth $2.81.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us XFacebook, Telegram
Daily Hodl Mix Surfing
 
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 you will be responsible for any losses you may incur. 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