Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Analyst updates Bitcoin outlook, saying altcoin is up more than 21,000% year-to-date from ‘do or die’ levels
ALTCOIN NEWS

Analyst updates Bitcoin outlook, saying altcoin is up more than 21,000% year-to-date from ‘do or die’ levels

By Crypto FlexsDecember 20, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analyst updates Bitcoin outlook, saying altcoin is up more than 21,000% year-to-date from ‘do or die’ levels
Share
Facebook Twitter LinkedIn Pinterest Email

A widely known cryptocurrency analyst and trader said that altcoins in the Solana (SOL) ecosystem are at a critical time.

The analyst, who goes by the pseudonym Sherpa, tells his 234,700 followers on social media platform

According to Sherpa’s POPCAT chart, the Solana-based memecoin has formed a head-and-shoulders pattern on daily time frames and appears likely to crash if it fails to hold support levels. The head and shoulders pattern is generally considered a bearish pattern in technical analysis.

Source: Sherpa/X

POPCAT is trading at $0.802 at the time of this writing, up 21,147% from its January 5 low of $0.00379.

Next is Bitcoin (BTC). According to Sherpa, there are several reasons to remain bullish on Bitcoin and other crypto assets even after the recent correction that briefly saw them fall below $100,000.

“Bitcoin dominance is not yet broken.

Ethereum has not yet been fully transferred.

January is an incredibly optimistic time for cryptocurrencies.

(US President-elect) Trump supports cryptocurrencies, owns some, and has his own decentralized finance (DeFi) project.

… .and are you selling??”

At the time of this writing, Bitcoin is trading at $100,624. Bitcoin dominance, which is the ratio of Bitcoin market capitalization to the rest of the cryptocurrency market, currently stands at 54.7%, down a few percentage points from its 2024 high of 58.99% hit mid-last month.

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

&nbsp

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 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

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Despite market volatility

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

How does it affect Bitcoin?

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025
Most Popular

The Ripple chairman predicts that 2025 will be a big year for cryptocurrencies and that more spot ETFs will be launched. Here’s why:

January 9, 2025

Polygon Labs partners with Animoca Brands and Human Institute to launch ZKP-based palm recognition

February 20, 2024

China tightens grip, Hong Kong license set to be approved

January 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.